EUR/GBP – 30M – BUYAdditionally a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.86734 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.86734 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Shooting Star’ candle pattern is discovered. The candles show ‘Shooting Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87156 |
| 2nd High | 0.86748 |
| Next High | 0.86734 |
| Current Price | 0.86626 |
| Next Low | 0.86118 |
| 2nd Low | 0.86111 |
| 3rd Low | 0.86093 |
0.86353 – 0.8636 – 0.86325 – 0.86118 – 0.86209 – 0.86192 —
0.86523 – 0.86638 —
66.321229445386 – 72.378801638496 —
– —
0.86353 – 1770150600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Shooting Star – – – – – – – – –