Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 157.965 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 157.858 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 159.223 |
| 2nd High | 157.965 |
| Next High | 157.858 |
| Current Price | 157.80100 |
| Next Low | 156.898 |
| 2nd Low | 156.449 |
| 3rd Low | 155.881 |
157.41 – 157.858 – 157.965 – 156.898 – 156.449 – 156.881 —
157.77500 – 157.67600 —
71.789949372828 – 58.912756147148 —
– —
157.41 – 1772641800
Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – – – – – – – – –