EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards

An ascent up to the next resistance line at 0.88307 is considered certain.

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

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.88307 – 0.88251 – 0.88396 – 0.87797 – 0.88128 – 0.87951 —
0.87956 – 0.88052 —
52.202875978936 – 67.992033843388 —
– —
0.88307 – 1763715600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –