The currency pair goes from the bullish trendline down.
A bearish movement downwards to the next support line at 0.002457100 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002691600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0026916 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002691600 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish 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 | |
2nd High | |
Next High | 0.002691600 |
Current Price | 0.002612600 |
Next Low | 0.002457100 |
2nd Low | 0.002310300 |
3rd Low | 0.002307000 |