EUR/GBP – 30M – BUYFurthermore a ‘Resistance Level’ indicator signal 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 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.8647924 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.86567 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ chart pattern is found. The candles show ‘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 probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86605 |
| 2nd High | 0.86576 |
| Next High | 0.86567 |
| Current Price | 0.86407 |
| Next Low | 0.86206 |
| 2nd Low | 0.86166 |
| 3rd Low | 0.86118 |
0.86336 – 0.86366 – 0.86567 – 0.86206 – 0.86166 – 0.86208 —
0.86299 – 0.86366 —
56.707206299716 – 63.301899380345 —
– —
0.86336 – 1773342000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –