EUR/CAD – 30M – BUYBesides a ‘Southern Doji’ chart pattern is discovered. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.49791 |
| 2nd High | 1.49362 |
| Next High | 1.48941 |
| Current Price | 1.48933 |
| Next Low | 1.48358 |
| 2nd Low | 1.48319 |
| 3rd Low | 1.47687 |
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Southern Doji