Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.78190156 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.78073 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.78272 |
| 2nd High | 0.78253 |
| Next High | 0.78073 |
| Current Price | 0.78026 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.78073 – 0.78253 – 0.78272 – 0.77792 – 0.77772 – 0.77595 —
0.78073 – 0.77986 —
46.415230168339 – 54.825020677855 —
0.78073 – 1773075600 —
– 1773075600
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –