Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.
Then a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34896 |
| 2nd High | 1.33691 |
| Next High | 1.32153 |
| Current Price | 1.31435 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.32153 – 1.31907 – 1.33691 – 1.30096 – 1.30963 – 1.32868 —
1.31554 – 1.31760 —
47.994113691614 – 49.267140059073 —
– —
1.32153 – 1763049600
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – –