GBP/USD – 30M – BUYFurthermore a ‘Double top chart pattern’ chart formation is detected. The chart shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.32002 |
| 2nd High | 1.31925 |
| Next High | 1.3176 |
| Current Price | 1.31375 |
| Next Low | 1.31353 |
| 2nd Low | 1.31074 |
| 3rd Low | 1.31 |
1.3176 – 1.31925 – 1.3174 – 1.31415 – 1.31353 – 1.3148 —
1.31531 – 1.31455 —
49.836259593091 – 41.139518585228 —
– —
1.31760 – 1763460000
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Double top chart pattern – – – –