Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.92039176 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.92321 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.92628 |
| 2nd High | 0.92357 |
| Next High | 0.92321 |
| Current Price | 0.91999 |
| Next Low | 0.91516 |
| 2nd Low | 0.91482 |
| 3rd Low | 0.91429 |
0.92321 – 0.92357 – 0.92315 – 0.92143 – 0.91969 – 0.91941 —
0.92157 – 0.91783 —
26.773273375452 – 17.734377519991 —
– —
0.92321 – 1776438000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –