Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.92147776 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.91918 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92321 |
| 2nd High | 0.92053 |
| Next High | 0.91918 |
| Current Price | 0.92043 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.91918 – 0.9181 – 0.92053 – 0.91698 – 0.917 – 0.91587 —
0.91902 – 0.91978 —
57.452110453378 – 61.292625511951 —
– —
0.91918 – 1776931200
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –