Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 9.68E-6 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000010940 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive pattern 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 | 0.000011170 |
2nd High | 0.000011070 |
Next High | 0.000010940 |
Current Price | 0.000010610 |
Next Low | 0.000009180 |
2nd Low | 0.000009050 |
3rd Low | 0.000008360 |