EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 1.15432 is likely expected.
Caution: A possible change in the direction of the support level at 1.14655 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. 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 | 1.1645 |
| 2nd High | 1.15659 |
| Next High | 1.15432 |
| Current Price | 1.15427 |
| Next Low | 1.14655 |
| 2nd Low | 1.14139 |
| 3rd Low | 1.14104 |
1.15432 – 1.15244 – 1.14562 – 1.14655 – 1.14139 – 1.14104 —
1.15413 – 1.15326 —
64.078080503792 – 61.585799401414 —
– —
1.15432 – 1773763200
Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –