Then a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Then a ‘Double top chart pattern’ chart formation is detected. The formation shows ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.89829 |
2nd High | 0.89114 |
Next High | 0.88722 |
Current Price | 0.88371 |
Next Low | 0.87970 |
2nd Low | 0.87890 |
3rd Low | 0.86205 |
0.88722 – 0.89114 – 0.88986 – 0.87970 – 0.88229 – 0.88391
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji