Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.92564 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.92184 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.92564 |
| Next High | 0.92184 |
| Current Price | 0.92379 |
| Next Low | 0.91336 |
| 2nd Low | 0.90867 |
| 3rd Low | 0.9084 |
0.91938 – 0.91863 – 0.92184 – 0.91336 – 0.91466 – 0.90867 —
0.91968 – 0.92132 —
64.050537257447 – 70.358785803731 —
– —
0.91938 – 1766995200
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –