Next a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
Next a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.
Next a ‘Northern Doji’ candlestick chart 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93953 |
| 2nd High | 0.9367 |
| Next High | 0.93492 |
| Current Price | 0.92921 |
| Next Low | 0.92697 |
| 2nd Low | 0.92577 |
| 3rd Low | 0.91789 |
0.93492 – 0.93257 – 0.93165 – 0.92957 – 0.92697 – 0.92755 —
0.92793 – 0.93072 —
27.730223312385 – 55.574522009939 —
– —
0.93492 – 1768377600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – Double top chart pattern – – – – – – – –