EUR/CHF – 30M – BUYNext a ‘Hammer’ candle pattern is existing. The candles show ‘Hammer’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.94193 |
| 2nd High | 0.94042 |
| Next High | 0.94021 |
| Current Price | 0.93962 |
| Next Low | 0.93826 |
| 2nd Low | 0.93716 |
| 3rd Low | 0.93650 |