Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.925106E-5 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 0.000019340 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.000019510 |
2nd High | 0.000019480 |
Next High | 0.000019340 |
Current Price | 0.000019200 |
Next Low | 0.000018400 |
2nd Low | 0.000018300 |
3rd Low | 0.000018250 |