Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.864725 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.86403 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86735 |
| 2nd High | 0.86657 |
| Next High | 0.86403 |
| Current Price | 0.86358 |
| Next Low | 0.86166 |
| 2nd Low | 0.86143 |
| 3rd Low | 0.86113 |
0.86403 – 0.86657 – 0.86735 – 0.86166 – 0.86589 – 0.8653 —
0.86352 – 0.86324 —
43.443625086149 – 49.180379590348 —
– —
0.86403 – 1777654800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – – – – – – – – –