Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59743 |
2nd High | 0.59431 |
Next High | 0.59202 |
Current Price | 0.59258 |
Next Low | 0.58844 |
2nd Low | 0.58703 |
3rd Low | 0.58607 |
0.59202 – 0.59053 – 0.59431 – 0.58844 – 0.58703 – 0.59142
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji