AUD/JPY – 30M – BUYAnd also a ‘Double bottom retreat down’ chart formation is discovered. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.
And also a ‘Tweezers Top’ candle pattern is discovered. The chart shows ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 97.502 |
| 2nd High | 97.486 |
| Next High | 97.425 |
| Current Price | 97.41500 |
| Next Low | 96.81 |
| 2nd Low | 95.76 |
| 3rd Low | 95.703 |
97.425 – 97.328 – 96.996 – 96.81 – 95.76 – 95.703 — 67.179274066628 – 62.042161661537 — 22.591009711967 – 26.974745529817 – 13.200892223663 – 18.477919886682
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top – Double bottom retreat down – –