The combination jumps from the descending trendline up.
A bullish trend upwards to the next resistance level at 0.91832 is expected.
Caution: A possible change in the direction of the support level at 0.91044 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
The chart formed a ‘Three White Soldiers’ candlestick pattern, which means 3 higher candles in a row.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.92072 |
2nd High | 0.91840 |
Next High | 0.91832 |
Current Price | 0.91286 |
Next Low | 0.91044 |
2nd Low | 0.90955 |
3rd Low | 0.90384 |