Then a ‘Double bottom chart pattern’ chart pattern is detected. The chart forms ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
Then a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16533 |
| 2nd High | 1.16132 |
| Next High | 1.16017 |
| Current Price | 1.16028 |
| Next Low | 1.15549 |
| 2nd Low | 1.15467 |
| 3rd Low | 1.15112 |
1.16017 – 1.16132 – 1.15955 – 1.15549 – 1.15762 – 1.15467 —
1.16071 – 1.15986 —
64.310010865732 – 56.128500187452 —
– —
1.16017 – 1764295200
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double bottom chart pattern – – – – – – – –