Then a ‘Double top chart pattern’ chart formation is detected. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
Then a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16243 |
| 2nd High | 1.16145 |
| Next High | 1.16073 |
| Current Price | 1.15777 |
| Next Low | 1.15793 |
| 2nd Low | 1.15786 |
| 3rd Low | 1.15626 |
1.16073 – 1.1606 – 1.16145 – 1.15793 – 1.15816 – 1.15946 —
1.15803 – 1.15832 —
37.370613047934 – 44.343675164482 —
– —
1.16073 – 1763487000
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – Double top chart pattern – – – –