Also there is a ‘Double bottom chart pattern’ chart formation is detected. The formation shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Bullish Tri-Star’ chart pattern is found. The candles form ‘Bullish Tri-Star’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87455 |
| 2nd High | 0.87451 |
| Next High | 0.87412 |
| Current Price | 0.87200 |
| Next Low | 0.86854 |
| 2nd Low | 0.86724 |
| 3rd Low | 0.86118 |
0.87198 – 0.87412 – 0.86935 – 0.86854 – 0.86938 – 0.86954 —
0.87172 – 0.87182 —
58.799010853159 – 57.294714235708 —
– —
0.87198 – 1770726600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Tri-Star – Double bottom chart pattern – – – – – – – –