The currency pair breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at is expected.
Caution: A possible change in the direction of the support line at 68.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 82.400000000 |
Next Low | 68.000000000 |
2nd Low | 64.850000000 |
3rd Low | 64.450000000 |