The combination breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 0.427200000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this 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 | |
Current Price | 0.532800000 |
Next Low | 0.427200000 |
2nd Low | 0.351400000 |
3rd Low | 0.328700000 |