AUD/CAD – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart formation is discovered. The formation shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
Furthermore a ‘Southern Doji’ candlestick chart pattern is detected. The candles form ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.93445 |
| Next High | 0.93223 |
| Current Price | 0.93122 |
| Next Low | 0.92965 |
| 2nd Low | 0.92752 |
| 3rd Low | 0.92653 |
0.93121 – 0.92956 – 0.92925 – 0.92965 – 0.92752 – 0.92653 —
0.93145 – 0.93146 —
57.99969643527 – 53.891358469108 —
– —
0.93121 – 1768186800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Southern Doji – Double bottom chart pattern – – – – – – – –