Then a ‘Double top retreat up’ chart formation is detected. The formation shows ‘Double top retreat up’. which is a positive signal. The pair is likely to go up.
Then a ‘MACD Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD Bullish Divergence’. signal.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35822 |
| 2nd High | 1.35674 |
| Next High | 1.34944 |
| Current Price | 1.33900 |
| Next Low | 1.33893 |
| 2nd Low | 1.33113 |
| 3rd Low | 1.32871 |
1.34944 – 1.35674 – 1.35302 – 1.33893 – 1.34013 – 1.33113 —
1.34413 – 1.33835 —
47.224813210556 – 36.44488672342 —
– —
1.34944 – 1768305600
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Double top retreat up – – – – – – – –