AUD/JPY – 4H – BUYMoreover a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.
Moreover a ‘Shooting Star’ candlestick chart pattern is detected. The candles show ‘Shooting Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 96.42800 |
| Next Low | 93.96000 |
| 2nd Low | 93.84100 |
| 3rd Low | 93.79900 |
94.88600 – 94.84800 – 94.68000 – 93.96000 – 93.84100 – 93.79900 — 49.785755130126 – 74.378663648927 — 13.665584355074 – 41.893524860594 – 19.807498827364 – 24.938070522285
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Shooting Star – Double bottom chart pattern – –