EUR/GBP – 30M – BUY

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

An ascent upwards to the next resistance at 0.87698 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.87453 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.87698 – 0.88176 – 0.87891 – 0.87453 – 0.8752 – 0.87544 —
0.87597 – 0.87559 —
48.182548569136 – 40.699971969957 —
– —
0.87698 – 1764239400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –