EUR/CHF – 30M – BUYAdditionally a ‘Southern Doji’ candle pattern is found. The chart shows ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
Additionally a ‘Double top chart pattern’ chart layout is discovered. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.95828 |
| 2nd High | 0.95784 |
| Next High | 0.95714 |
| Current Price | 0.95577 |
| Next Low | 0.95398 |
| 2nd Low | 0.95298 |
| 3rd Low | 0.95195 |
0.95714 – 0.95784 – 0.95782 – 0.95398 – 0.95298 – 0.95413
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Southern Doji