Then a ‘Double bottom retreat down’ chart formation is found. The chart forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.
Then a ‘%K fall below 80’ indicator signal is existing. The indicator is ‘%K fall below 80’. which is often a bearish chart signal. The pair is likely to go down.
Then a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.76693 |
| 2nd High | 1.76291 |
| Next High | 1.75725 |
| Current Price | 1.75662 |
| Next Low | 1.75414 |
| 2nd Low | 1.75276 |
| 3rd Low | 1.75118 |
1.75725 – 1.75539 – 1.76291 – 1.75414 – 1.75276 – 1.7528 —
1.75713 – 1.75763 —
47.711666438429 – 60.37069821312 —
– —
1.75725 – 1765186200
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double bottom retreat down – – – – – – – –