EUR/USD – 30M – BUYBesides a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.18294 |
| Current Price | 1.17635 |
| Next Low | 1.17074 |
| 2nd Low | 1.16875 |
| 3rd Low | 1.16831 |
1.18294 – 1.18073 – 1.17504 – 1.17672 – 1.17074 – 1.17113
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double top chart pattern