There is also a ‘Inverse Head and Shoulder chart pattern’ chart layout is found. The chart picture forms ‘Inverse Head and Shoulder chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.8124 |
| 2nd High | 0.81016 |
| Next High | 0.80833 |
| Current Price | 0.80313 |
| Next Low | 0.79852 |
| 2nd Low | 0.79376 |
| 3rd Low | 0.78778 |
0.80833 – 0.80813 – 0.81016 – 0.80415 – 0.80575 – 0.80731 —
0.80407 – 0.80329 —
35.393212925849 – 29.905125593436 —
– —
0.80833 – 1764171000
Trading Signals: FOREX – USD – USD/CHF – CHF – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –