AUD/JPY – 1H – BUYFurthermore a ‘Double top retreat up’ chart formation is found. The chart shows ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
Furthermore a ‘Concealing Baby Swallow’ candle chart pattern is discovered. The chart shows ‘Concealing Baby Swallow’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ going down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.318 |
| 2nd High | 101.293 |
| Next High | 101.131 |
| Current Price | 100.76300 |
| Next Low | 100.734 |
| 2nd Low | 100.22 |
| 3rd Low | 99.026 |
101.131 – 101.293 – 101.23 – 100.734 – 100.22 – 100.395 —
100.90800 – 101.00600 —
47.978438002041 – 44.436255250866 —
– —
101.13100 – 1763370000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Concealing Baby Swallow – Double top retreat up – – – –