Besides a ‘Concealing Baby Swallow’ candle pattern is existing. The candles show ‘Concealing Baby Swallow’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.04340 |
2nd High | 1.03572 |
Next High | 1.03240 |
Current Price | 1.03129 |
Next Low | 1.02729 |
2nd Low | 1.02643 |
3rd Low | 1.02238 |
Trading Signals: FOREX – EUR – EUR/USD – USD – Concealing Baby Swallow