Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.87299 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.87299 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.87299 |
| Current Price | 0.87230 |
| Next Low | 0.86856 |
| 2nd Low | 0.86824 |
| 3rd Low | 0.86724 |
0.87299 – 0.8698 – 0.86994 – 0.86856 – 0.86864 – 0.86878 —
0.87299 – 0.87172 —
82.729102233945 – 62.799147474932 —
0.87299 – 1771320600 —
– 1771320600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Double bottom retreat down – – – – – – – –