Next a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.6334 |
| 2nd High | 1.63176 |
| Next High | 1.63174 |
| Current Price | 1.62940 |
| Next Low | 1.62036 |
| 2nd Low | 1.61423 |
| 3rd Low | 1.61319 |
1.62918 – 1.62068 – 1.62623 – 1.62036 – 1.61423 – 1.61473 —
1.62820 – 1.62882 —
68.655446913184 – 66.621699363434 —
– —
1.62918 – 1769385900
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – Double bottom chart pattern – – – – – – – –