Then a ‘Gapping Down Doji’ candlestick pattern is detected. The chart shows ‘Gapping Down Doji’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Gapping Down Doji’ going down is 57% (Bull Market) & 58% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89932 |
2nd High | 0.89603 |
Next High | 0.89422 |
Current Price | 0.89288 |
Next Low | 0.89066 |
2nd Low | 0.88881 |
3rd Low |
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Gapping Down Doji