Additionally a ‘Double top retreat up’ chart formation is existing. The chart forms ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.
Additionally a ‘Bullish Engulfing’ chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.346000000 |
| 2nd High | 4.110000000 |
| Next High | 4.065000000 |
| Current Price | 3.863000000 |
| Next Low | 3.828000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
4.065000000 – 4.110000000 – 4.016000000 – 3.828000000 – 3.332000000 – 3.323000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Bullish Engulfing – Double top retreat up