Then a ‘Double top chart pattern’ chart pattern is existing. The chart shows ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.
Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish 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 | 0.002794000 |
| 2nd High | 0.002490000 |
| Next High | 0.002369000 |
| Current Price | 0.002196000 |
| Next Low | 0.002078000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.002369000 – 0.002490000 – 0.002473000 – 0.002201000 – 0.002078000 – 0.001704000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern