Then a ‘Double top chart pattern’ chart formation is found. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
Then a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.621700000 |
| 2nd High | 0.611900000 |
| Next High | 0.603400000 |
| Current Price | 0.585500000 |
| Next Low | 0.560800000 |
| 2nd Low | 0.556100000 |
| 3rd Low | 0.555000000 |
0.603400000 – 0.611900000 – 0.590500000 – 0.586600000 – 0.560800000 – 0.556100000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji – Double top chart pattern