Besides a ‘Head and Shoulder chart pattern’ chart pattern is discovered. The formation shows ‘Head and Shoulder chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.
Besides a ‘Bullish Engulfing’ candle pattern is discovered. The candles show ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77176 |
| 2nd High | 0.77042 |
| Next High | 0.77011 |
| Current Price | 0.76909 |
| Next Low | 0.76861 |
| 2nd Low | 0.76786 |
| 3rd Low | 0.76693 |
0.77011 – 0.77042 – 0.76884 – 0.76861 – 0.76786 – 0.76693 —
0.76978 – 0.76937 —
54.80175604578 – 43.308971296827 —
– —
0.77011 – 1771297200
Trading Signals: FOREX – USD – USD/CHF – CHF – Bullish Engulfing – Head and Shoulder chart pattern – – – – – – – –