GBP/USD – 30M – BUY

In addition a ‘Double bottom retreat down’ chart formation is found. The chart forms ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.

In addition a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.3102 – 1.31231 – 1.31544 – 1.30382 – 1.30491 – 1.3037 —
1.30990 – 1.31001 —
52.522726499412 – 56.528571452296 —
– —
1.31020 – 1763721000

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –