In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 1.149515 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.14904 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Outside Up’ candle pattern is discovered. The candles show ‘Three Outside Up’. 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 chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15475 |
| 2nd High | 1.15208 |
| Next High | 1.14904 |
| Current Price | 1.14716 |
| Next Low | 1.14466 |
| 2nd Low | 1.14428 |
| 3rd Low | 1.14427 |
1.14904 – 1.15208 – 1.15475 – 1.14466 – 1.14428 – 1.1487 —
1.14775 – 1.14701 —
54.804918563741 – 45.76138733387 —
– —
1.14904 – 1774931400
Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Up – – – – – – – – –