Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.33693 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 1.33693 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. 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 | 1.3457 |
| 2nd High | 1.34094 |
| Next High | 1.33693 |
| Current Price | 1.33471 |
| Next Low | 1.32731 |
| 2nd Low | 1.32299 |
| 3rd Low | 1.32178 |
1.3339 – 1.32654 – 1.32892 – 1.32731 – 1.32299 – 1.32178 —
1.33353 – 1.33460 —
55.376469449173 – 59.786765628258 —
– —
1.3339 – 1773698400
Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –