Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.4587 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.458700000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.458700000 |
Current Price | 0.435000000 |
Next Low | 0.365700000 |
2nd Low | 0.351400000 |
3rd Low | 0.328700000 |