Then a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive 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 will continue. Target of the current trend is 1.60311 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.60034 could occur.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.60382 |
| 2nd High | 1.60311 |
| Next High | 1.60034 |
| Current Price | 1.60089 |
| Next Low | 1.59055 |
| 2nd Low | 1.59029 |
| 3rd Low | 1.5902 |
1.59535 – 1.59881 – 1.60034 – 1.59055 – 1.59029 – 1.5922 —
1.59536 – 1.60044 —
57.758917162448 – 70.330490889777 —
– —
1.59535 – 1777910400
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three White Soldiers – – – – – – – – –