Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.92663 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.92663 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93072 |
| 2nd High | 0.92867 |
| Next High | 0.92663 |
| Current Price | 0.92577 |
| Next Low | 0.92034 |
| 2nd Low | 0.9199 |
| 3rd Low | 0.91813 |
0.9231 – 0.92266 – 0.92285 – 0.92034 – 0.9199 – 0.92056 —
0.92159 – 0.92473 —
46.776846950857 – 71.367572260213 —
– —
0.9231 – 1775451600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –