EUR/USD – 1H – SELLThen a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.
Then a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17871 |
| 2nd High | 1.17422 |
| Next High | 1.1697 |
| Current Price | 1.16169 |
| Next Low | 1.15736 |
| 2nd Low | 1.14532 |
| 3rd Low | 1.14459 |
1.1697 – 1.16649 – 1.17422 – 1.16287 – 1.15736 – 1.16018 — 32.257467944915 – 25.241081799867 — 9.5610913404508 – 12.418505338078 – 3.1870304468169 – 7.3265322261764
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double top chart pattern – –