The currency pair jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 224.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 215.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 |