EUR/GBP – 4H – BUYFurthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Matching Low’ candlestick chart pattern is discovered. The candles show ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.88291 |
| Current Price | 0.87710 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.88291 – 0.88171 – 0.88175 – 0.87617 – 0.86638 – 0.86556 —
0.88115 – 0.87871 —
57.715859888366 – 41.028669496192 —
– —
0.88291 – 1762300800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low – – – –