Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.
Then a ‘Matching Low’ candlestick chart pattern is found. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86735 |
| 2nd High | 0.86657 |
| Next High | 0.86403 |
| Current Price | 0.86402 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86403 – 0.86657 – 0.86735 – 0.86166 – 0.86589 – 0.8653 —
0.86425 – 0.86462 —
62.464683737543 – 61.270146335303 —
– —
0.86403 – 1777654800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Matching Low – – – – – – – – –