Then a ‘Hammer’ candlestick pattern is detected. The candles show ‘Hammer’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3386.360000000 |
2nd High | 3346.000000000 |
Next High | 3337.000000000 |
Current Price | 3215.190000000 |
Next Low | 3210.280000000 |
2nd Low | 3208.200000000 |
3rd Low | 3032.590000000 |