AUD/USD – 30M – BUYThere is also a ‘Latter Bottom’ candle pattern is existing. The candles form ‘Latter Bottom’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
There is also a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.64350 |
| 2nd High | 0.64205 |
| Next High | 0.64061 |
| Current Price | 0.63836 |
| Next Low | 0.63743 |
| 2nd Low | 0.63434 |
| 3rd Low | 0.63330 |
0.64061 – 0.64205 – 0.64350 – 0.63743 – 0.63434 – 0.63518
Trading Signals: FOREX – AUD – AUD/USD – USD – Latter Bottom