Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Next a ‘Three Outside Up’ candlestick pattern is found. The candles form ‘Three Outside Up’. 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.97611 |
| 2nd High | 0.97457 |
| Next High | 0.97411 |
| Current Price | 0.96204 |
| Next Low | 0.9503 |
| 2nd Low | 0.94618 |
| 3rd Low | 0.9445 |
0.97411 – 0.97457 – 0.96968 – 0.9503 – 0.97195 – 0.96089 —
0.96416 – 0.96003 —
60.361681205452 – 47.39571418027 —
– —
0.97411 – 1773993600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Up – – – – – – – – –