Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.77837 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.77837 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.79142 |
| 2nd High | 0.77934 |
| Next High | 0.77837 |
| Current Price | 0.77888 |
| Next Low | 0.76625 |
| 2nd Low | 0.76354 |
| 3rd Low | 0.76027 |
0.76999 – 0.77057 – 0.77272 – 0.76625 – 0.76354 – 0.76465 —
0.77364 – 0.77654 —
61.197841296959 – 70.139779565252 —
– —
0.76999 – 1769745600
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –