There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.
There is also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.787765 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.79247 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.80108 |
| 2nd High | 0.79339 |
| Next High | 0.79247 |
| Current Price | 0.78737 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.79247 – 0.79109 – 0.78763 – 0.78828 – 0.78306 – 0.78455 —
0.79086 – 0.79125 —
54.820460982801 – 49.39865306861 —
– —
0.79247 – 1777496400
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Black Crows – – – – – – – – –