EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 1.15475 is certain.
Caution: A possible trend reversal in the direction of support at 1.14841 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candlestick 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 probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.15719 |
| 2nd High | 1.15585 |
| Next High | 1.15475 |
| Current Price | 1.15169 |
| Next Low | 1.14841 |
| 2nd Low | 1.14427 |
| 3rd Low | 1.14139 |
1.15475 – 1.15457 – 1.15585 – 1.15014 – 1.1522 – 1.15534 —
1.14937 – 1.15082 —
28.340059420877 – 47.252686519717 —
– —
1.15475 – 1774636200
Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –