EUR/GBP – 30M – BUYAnd also a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
And also a ‘Double top chart pattern’ chart pattern is existing. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83835 |
| 2nd High | 0.83788 |
| Next High | 0.83783 |
| Current Price | 0.83512 |
| Next Low | 0.83491 |
| 2nd Low | 0.83151 |
| 3rd Low | 0.82498 |
0.83783 – 0.83753 – 0.83788 – 0.83554 – 0.83669 – 0.83491
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji