Furthermore a ‘Double bottom retreat down’ chart layout is existing. The chart picture forms ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to go down.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.85830 |
2nd High | 0.85746 |
Next High | 0.85738 |
Current Price | 0.85596 |
Next Low | 0.85457 |
2nd Low | 0.85411 |
3rd Low | 0.85256 |
0.85738 – 0.85746 – 0.85684 – 0.85457 – 0.85503 – 0.85411
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji