The combination jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 224.000000000 is certain.
Caution: A possible change in the direction of the support level at 215.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish signal. 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 | |
2nd High | |
Next High | 224.000000000 |
Current Price | 223.550000000 |
Next Low | 215.000000000 |
2nd Low | 204.160000000 |
3rd Low | 199.730000000 |