Then a ” indicator signal is existing. The indicator shows ”. this is usually a bearish signal. The pair is likely to go down.
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Then a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.80017282 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.80175 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Tweezers Top’ candlestick pattern is detected. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80853 |
| 2nd High | 0.80821 |
| Next High | 0.80175 |
| Current Price | 0.80129 |
| Next Low | 0.79556 |
| 2nd Low | 0.79438 |
| 3rd Low | 0.79044 |
0.80175 – 0.79592 – 0.79674 – 0.79556 – 0.79859 – 0.79679 —
0.80123 – 0.80145 —
69.629564194277 – 68.647225671161 —
– —
0.80175 – 1768179600
Trading Signals: FOREX – USD – USD/CHF – CHF – Tweezers Top – – – – – – – – –