Also there is a ‘Triple bottom chart pattern’ chart formation is detected. The chart shows ‘Triple bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38981 |
| 2nd High | 1.38886 |
| Next High | 1.38613 |
| Current Price | 1.38601 |
| Next Low | 1.38010 |
| 2nd Low | 1.37959 |
| 3rd Low | 1.37827 |
1.38180 – 1.38310 – 1.38193 – 1.38010 – 1.37959 – 1.37827 — 74.6804070483 – 69.567940962944 — 82.450099644202 – 58.423294877111 – 81.75658990759 – 73.265954390839
Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Triple bottom chart pattern – –