Also there is a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.25690 |
2nd High | 1.25542 |
Next High | 1.25505 |
Current Price | 1.25179 |
Next Low | 1.24099 |
2nd Low | 1.23878 |
3rd Low | 1.23521 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji