Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
Then a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair could go down.
Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.77761706 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.78272 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78784 |
| 2nd High | 0.78374 |
| Next High | 0.78272 |
| Current Price | 0.77872 |
| Next Low | 0.77595 |
| 2nd Low | 0.76707 |
| 3rd Low | 0.76693 |
0.78272 – 0.78374 – 0.78186 – 0.77595 – 0.7794 – 0.77849 —
0.78243 – 0.78102 —
68.906419432391 – 53.188213479774 —
– —
0.78272 – 1772805600
Trading Signals: FOREX – USD – USD/CHF – CHF – Matching Low – – – – – – – – –