EUR/USD – 30M – BUYAdditionally a ‘Southern Doji’ candlestick pattern is discovered. The candles show ‘Southern 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 success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
Additionally a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.14395 |
| 2nd High | 1.13975 |
| Next High | 1.13883 |
| Current Price | 1.13496 |
| Next Low | 1.13326 |
| 2nd Low | 1.13153 |
| 3rd Low | 1.13101 |
1.13883 – 1.13681 – 1.13975 – 1.13326 – 1.13153 – 1.13472
Trading Signals: FOREX – EUR – EUR/USD – USD – Southern Doji