Then a ‘Head and Shoulder chart pattern’ chart pattern is discovered. The chart shows ‘Head and Shoulder chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.
Then a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.68105 |
| 2nd High | 1.6802 |
| Next High | 1.67619 |
| Current Price | 1.67358 |
| Next Low | 1.67121 |
| 2nd Low | 1.6635 |
| 3rd Low | 1.66229 |
1.67619 – 1.6802 – 1.68018 – 1.67121 – 1.6735 – 1.67418 —
1.67537 – 1.67330 —
52.314924162645 – 41.957131954371 —
– —
1.67619 – 1771390800
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three White Soldiers – Head and Shoulder chart pattern – – – – – – – –