The pair moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 224.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 215.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 |