AUD/CAD – 30M – BUYNext a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.88999 |
| 2nd High | 0.88986 |
| Next High | 0.88793 |
| Current Price | 0.88610 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.88793 – 0.88986 – 0.88922 – 0.88412 – 0.88654 – 0.87991
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji