There is also a ‘Double top retreat up’ chart formation is found. The chart forms ‘Double top retreat up’. which is a bullish chart scenario. The pair is likely to go up.
There is also a ‘Concealing Baby Swallow’ chart pattern is detected. The candles form ‘Concealing Baby Swallow’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.673000000 |
| Current Price | 4.391000000 |
| Next Low | 4.381000000 |
| 2nd Low | 4.165000000 |
| 3rd Low | 4.133000000 |
4.673000000 – 4.587000000 – 4.454000000 – 4.381000000 – 4.165000000 – 4.133000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Concealing Baby Swallow – Double top retreat up