NZD/USD – 30M – BUYThen a ‘Double top retreat up’ chart layout is discovered. The formation shows ‘Double top retreat up’. which is a bullish pattern signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59302 |
| 2nd High | 0.58977 |
| Next High | 0.58945 |
| Current Price | 0.58780 |
| Next Low | 0.58775 |
| 2nd Low | 0.58533 |
| 3rd Low | 0.58425 |
0.58945 – 0.58916 – 0.58677 – 0.58775 – 0.58533 – 0.58425 — 55.390266074801 – 56.811978714617 — 24.462944451401 – 27.771847898599 – 18.953729871057 – 22.772197939063
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double top retreat up – –