EUR/USD – 30M – BUY

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

An ascent up to the next resistance line at 1.15522 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 1.15008 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

Next a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.15522 – 1.15496 – 1.15417 – 1.15231 – 1.15008 – 1.15095 —
1.15174 – 1.15080 —
51.640463894902 – 41.752537758522 —
– —
1.15522 – 1763719200

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