Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency 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 | 0.85445 |
2nd High | 0.85404 |
Next High | 0.85199 |
Current Price | 0.85098 |
Next Low | |
2nd Low | |
3rd Low |
0.85199 – 0.85404 – 0.85102 – 0.84616 – 0.84898 – 0.84795
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji