The currency pair goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 224.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 215.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern 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 |