EUR/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.15824062 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 1.16073 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Below The Stomach’ chart pattern is discovered. The chart forms ‘Below The Stomach’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.16243 |
| 2nd High | 1.16145 |
| Next High | 1.16073 |
| Current Price | 1.15753 |
| Next Low | 1.1572 |
| 2nd Low | 1.1571 |
| 3rd Low | 1.15626 |
1.16073 – 1.1606 – 1.16145 – 1.1572 – 1.1571 – 1.15793 —
1.15837 – 1.15887 —
52.322874904266 – 47.32069382426 —
– —
1.16073 – 1763487000
Trading Signals: FOREX – EUR – EUR/USD – USD – Below The Stomach – – – – –