Then a ‘Double top chart pattern’ chart pattern is discovered. The chart forms ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
Then a ‘Northern Doji’ candle pattern is detected. The candles show ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.819 |
| 2nd High | 101.293 |
| Next High | 101.148 |
| Current Price | 100.76200 |
| Next Low | 100.734 |
| 2nd Low | 100.22 |
| 3rd Low | 98.963 |
101.148 – 101.131 – 101.293 – 100.769 – 100.734 – 100.22 —
101.12800 – 100.79500 —
52.501069659574 – 43.572402490899 —
– —
101.14800 – 1763406000
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double top chart pattern – – – –