EUR/GBP – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.82721 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.82721 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The 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 | 0.82851 |
| 2nd High | 0.82828 |
| Next High | 0.82721 |
| Current Price | 0.82664 |
| Next Low | 0.82304 |
| 2nd Low | 0.82243 |
| 3rd Low |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers