Then a ‘Double top retreat up’ chart layout is found. The chart forms ‘Double top retreat up’. which is a bullish chart scenario. The pair is likely to go up.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 181.455 |
| 2nd High | 181.287 |
| Next High | 180.768 |
| Current Price | 180.46500 |
| Next Low | 180.394 |
| 2nd Low | 180.132 |
| 3rd Low | 180.093 |
180.768 – 181.287 – 181.455 – 180.439 – 180.394 – 180.818 —
180.72300 – 180.37300 —
43.095638034201 – 41.884011169386 —
– —
180.76800 – 1764900000
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double top retreat up – – – – – – – –