Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.148E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000011970 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.000011970 |
Current Price | 0.000011790 |
Next Low | 0.000010530 |
2nd Low | 0.000008090 |
3rd Low | 0.000007950 |