Then a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.963205 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.96683 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bearish SBS White Lines’ candlestick pattern is discovered. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97611 |
| 2nd High | 0.97457 |
| Next High | 0.96683 |
| Current Price | 0.95770 |
| Next Low | 0.9503 |
| 2nd Low | 0.94618 |
| 3rd Low | 0.94416 |
0.96683 – 0.97457 – 0.97611 – 0.9503 – 0.96089 – 0.96388 —
0.95865 – 0.95821 —
43.697728747976 – 39.559592239243 —
– —
0.96683 – 1774288800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –