Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Advance Block’ candle pattern is discovered. The chart forms ‘Advance Block’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.77679 |
| 2nd High | 0.77657 |
| Next High | 0.77573 |
| Current Price | 0.77290 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.77573 – 0.77657 – 0.77679 – 0.77189 – 0.771 – 0.76938 —
0.77573 – 0.77279 —
63.338160209408 – 43.497866049759 —
0.77573 – 1772024400 —
– 1772024400
Trading Signals: FOREX – USD – USD/CHF – CHF – Advance Block – – – – – – – – –