Then a ‘Double top retreat up’ chart layout is discovered. The chart shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish 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 | 0.57297 |
| 2nd High | 0.5691 |
| Next High | 0.56747 |
| Current Price | 0.56586 |
| Next Low | 0.56574 |
| 2nd Low | 0.56342 |
| 3rd Low | 0.5631 |
0.56747 – 0.5691 – 0.56822 – 0.56574 – 0.56749 – 0.56678 —
0.56690 – 0.56566 —
45.955734628498 – 42.149159736326 —
– —
0.56747 – 1763406000
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double top retreat up – – – –