Moreover a ‘Double bottom chart pattern’ chart layout is discovered. The formation shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
Moreover a ‘Below The Stomach’ candlestick chart pattern is found. The candles form ‘Below The Stomach’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8001 |
| 2nd High | 0.79873 |
| Next High | 0.79674 |
| Current Price | 0.79607 |
| Next Low | 0.79438 |
| 2nd Low | 0.79058 |
| 3rd Low | 0.79044 |
0.79592 – 0.79264 – 0.79674 – 0.79438 – 0.79058 – 0.79044 —
0.79673 – 0.79662 —
55.982990867371 – 63.314997881781 —
– —
0.79592 – 1767735000
Trading Signals: FOREX – USD – USD/CHF – CHF – Below The Stomach – Double bottom chart pattern – – – – – – – –