EUR/AUD – 30M – BUYNext a ‘Below The Stomach’ candle chart pattern is existing. The chart shows ‘Below The Stomach’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
Next a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.78820 |
| 2nd High | 1.77520 |
| Next High | 1.76719 |
| Current Price | 1.75733 |
| Next Low | 1.73686 |
| 2nd Low | 1.73668 |
| 3rd Low | 1.71820 |
1.76719 – 1.77520 – 1.78820 – 1.75938 – 1.76572 – 1.75983
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Below The Stomach