Additionally a ‘Inverse Head and Shoulder chart pattern’ chart formation is discovered. The chart picture shows ‘Inverse Head and Shoulder chart pattern’. this is a bullish signal. The currency pair is likely to rise.
Additionally a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Southern Doji’ candle pattern is detected. The candles show ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87085 |
| 2nd High | 0.86922 |
| Next High | 0.86784 |
| Current Price | 0.86739 |
| Next Low | 0.86526 |
| 2nd Low | 0.8652 |
| 3rd Low | 0.86512 |
0.86784 – 0.86681 – 0.86729 – 0.86526 – 0.86577 – 0.86565 —
0.86781 – 0.86763 —
60.972890161751 – 57.346507162639 —
– —
0.86784 – 1768489200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Southern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –