EUR/USD – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.16430144 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 1.16448 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Tri-Star’ candlestick pattern is found. The candles show ‘Bullish Tri-Star’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17211 |
| 2nd High | 1.16618 |
| Next High | 1.16448 |
| Current Price | 1.16260 |
| Next Low | 1.15822 |
| 2nd Low | 1.15237 |
| 3rd Low | 1.15048 |
1.16448 – 1.16124 – 1.16618 – 1.15822 – 1.1583 – 1.15917 —
1.16266 – 1.16236 —
58.834551447437 – 56.998239617325 —
– —
1.16448 – 1779300000
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Tri-Star – – – – – – – – –