Buy EUR/GBP – 30M – BUY

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

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