EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 1.1621 is considered certain.
Caution: A possible change in the direction of the support level at 1.15456 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.1647 |
| 2nd High | 1.16442 |
| Next High | 1.1621 |
| Current Price | 1.15556 |
| Next Low | 1.15456 |
| 2nd Low | 1.15298 |
| 3rd Low | 1.15112 |
1.1621 – 1.16209 – 1.16442 – 1.15456 – 1.15584 – 1.1581 —
1.15311 – 1.15252 —
26.794745101391 – 36.390170125788 —
– —
1.1621 – 1772827200
Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –