And also a ‘Concealing Baby Swallow’ candlestick pattern is discovered. The chart forms ‘Concealing Baby Swallow’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.67107 |
2nd High | 1.66555 |
Next High | 1.66239 |
Current Price | 1.66196 |
Next Low | 1.65839 |
2nd Low | 1.65777 |
3rd Low | 1.65446 |
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Concealing Baby Swallow