Next a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
Next a ‘Latter Bottom’ candle pattern is discovered. The candles form ‘Latter Bottom’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.346000000 |
| Next High | 3.991000000 |
| Current Price | 3.923000000 |
| Next Low | 3.308000000 |
| 2nd Low | 3.007000000 |
| 3rd Low |
3.665000000 – 3.465000000 – 3.991000000 – 3.308000000 – 3.007000000 – 3.709000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Latter Bottom – Double bottom chart pattern