Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 1.35915308 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 1.36186 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37243 |
| 2nd High | 1.36734 |
| Next High | 1.36186 |
| Current Price | 1.35699 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.36186 – 1.35577 – 1.35761 – 1.35039 – 1.35229 – 1.3548 —
1.36186 – 1.35624 —
76.690281915912 – 53.284202023118 —
1.36186 – 1770831000 —
– 1770831000
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –