Next a ‘Double bottom chart pattern’ chart layout 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 ‘Northern Doji’ candlestick chart pattern is found. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.002818000 |
| Next High | 0.002794000 |
| Current Price | 0.002500000 |
| Next Low | 0.002096000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.002490000 – 0.001946000 – 0.002018000 – 0.002096000 – 0.001704000 – 0.001694000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern