Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.596415 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.59943 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60125 |
| 2nd High | 0.59944 |
| Next High | 0.59943 |
| Current Price | 0.59457 |
| Next Low | 0.59158 |
| 2nd Low | 0.5891 |
| 3rd Low | 0.58336 |
0.59943 – 0.59944 – 0.59867 – 0.59158 – 0.59279 – 0.59467 —
0.59405 – 0.59427 —
46.498140584246 – 46.304423588935 —
– —
0.59943 – 1772427600
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –