AUD/JPY – 30M – SELLIn addition a ‘Double bottom chart pattern’ chart formation is discovered. The formation shows ‘Double bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
In addition a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.
In addition a ‘Bullish Engulfing’ chart pattern is detected. The chart forms ‘Bullish Engulfing’. this 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 chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 105.96900 |
| Next Low | 105.717 |
| 2nd Low | 105.463 |
| 3rd Low | 105.175 |
105.939 – 105.648 – 105.179 – 105.717 – 105.463 – 105.175 —
105.92700 – 105.99400 —
66.591095538045 – 67.160285965739 —
– —
105.93900 – 1768197600
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Engulfing – Double bottom chart pattern – – – – – – – –