Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
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 1.36865644 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 1.37142 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37879 |
| 2nd High | 1.37378 |
| Next High | 1.37142 |
| Current Price | 1.36728 |
| Next Low | 1.35971 |
| 2nd Low | 1.35762 |
| 3rd Low | 1.35545 |
1.37142 – 1.37139 – 1.36791 – 1.35971 – 1.366 – 1.3643 —
1.36403 – 1.36574 —
52.918800066407 – 61.297226256876 —
– —
1.37142 – 1777010400
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –