EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 1.67194 is expected.

Caution: A possible trend reversal in the direction of the support level at 1.65642 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

1.67194 – 1.66396 – 1.66251 – 1.65642 – 1.65597 – 1.6588 —
1.66720 – 1.65883 —
60.273145237339 – 42.28615807952 —
– —
1.67194 – 1772409600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – – – – – – – – –