Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 0.03877 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.039070000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.039870000 |
2nd High | 0.039700000 |
Next High | 0.039070000 |
Current Price | 0.039020000 |
Next Low | 0.038100000 |
2nd Low | 0.037230000 |
3rd Low | 0.035230000 |