Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency 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 | 1.61823 |
| 2nd High | 1.6168 |
| Next High | 1.61653 |
| Current Price | 1.61483 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.61653 – 1.6168 – 1.61565 – 1.61319 – 1.61323 – 1.61066 —
1.61419 – 1.61495 —
47.59333160804 – 50.922950218782 —
– —
1.61653 – 1768813200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – – – – – – – –