Next a ‘Double bottom chart pattern’ chart pattern is detected. The chart forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.
Next a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56747 |
| 2nd High | 0.56431 |
| Next High | 0.56384 |
| Current Price | 0.56075 |
| Next Low | 0.55823 |
| 2nd Low | 0.55791 |
| 3rd Low | 0.5485 |
0.56069 – 0.56384 – 0.56145 – 0.55823 – 0.55791 – 0.55896 —
0.56132 – 0.56120 —
60.230000694386 – 50.74165065969 —
– —
0.56069 – 1763721000
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double bottom chart pattern – – – – – – – –