EUR/USD – 30M – BUY

The pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 1.1606 will persist.

Caution: A possible counter-trend in the direction of support at 1.15793 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.1606 – 1.16145 – 1.16243 – 1.15793 – 1.15816 – 1.15946 —
1.15841 – 1.15995 —
37.595468845849 – 57.052002693097 —
1.15793 – 1763469000 —
1.16060 – 1763460000

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – –