AUD/CAD – 30M – BUYMoreover a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Moreover a ‘Double top chart pattern’ chart layout is discovered. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.90446 |
| 2nd High | 0.89829 |
| Next High | 0.89718 |
| Current Price | 0.88872 |
| Next Low | 0.88001 |
| 2nd Low | 0.87970 |
| 3rd Low | 0.87890 |
0.89718 – 0.89383 – 0.89632 – 0.89032 – 0.89163 – 0.89258
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji