EUR/USD – 30M – SELL

Next a ‘Double bottom retreat down’ chart layout is detected. The chart picture shows ‘Double bottom retreat down’. which is a negative chart scenario. The pair is likely to go down.

Next a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.15955 – 1.15855 – 1.15299 – 1.15654 – 1.15112 – 1.1511 —
1.15796 – 1.15907 —
52.976732472375 – 57.53128036875 —
– —
1.15955 – 1764144000

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