AUD/CAD – 1H – BUY

Then a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.

Then a ‘Below The Stomach’ candle chart pattern is existing. The chart forms ‘Below The Stomach’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).

0.89667 – 0.89607 – 0.89452 – 0.89241 – 0.89210 – 0.89051

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Below The Stomach – Double bottom chart pattern