EUR/USD – 30M – BUY

The combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.

The bullish trend up to the next resistance line at 1.16071 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.15811 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.16071 – 1.16017 – 1.1601 – 1.15811 – 1.15762 – 1.15467 —
1.16040 – 1.16011 —
61.849162715735 – 57.665618980618 —
– —
1.16071 – 1764351000

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