Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.59173 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.59173 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59287 |
| 2nd High | 0.59235 |
| Next High | 0.59173 |
| Current Price | 0.58991 |
| Next Low | 0.58207 |
| 2nd Low | 0.58147 |
| 3rd Low | 0.57919 |
0.58454 – 0.58915 – 0.58898 – 0.58207 – 0.58147 – 0.5856 —
0.58742 – 0.58943 —
69.608359556986 – 75.395685470952 —
– —
0.58454 – 1777519800
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –