EUR/AUD – 1H – BUYFurthermore a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
Furthermore a ‘Last Engulfing Top’ candle pattern is existing. The candles form ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.80819 |
| 2nd High | 1.79759 |
| Next High | 1.78991 |
| Current Price | 1.78390 |
| Next Low | 1.78331 |
| 2nd Low | 1.78112 |
| 3rd Low | 1.77282 |
1.78991 – 1.79759 – 1.80819 – 1.78522 – 1.78644 – 1.78872 — 52.687316363074 – 43.538638014451 — 77.587509944312 – 82.503553455495 – 49.875601245431 – 70.274984538201
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Last Engulfing Top – Double top chart pattern – –