EUR/USD – 30M – BUY

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

A bullish trend upwards to the next resistance line at 1.17024 will continue.

Caution: A possible change in the direction of the support line at 1.16834 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The 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).

1.17024 – 1.17425 – 1.17284 – 1.16834 – 1.17101 – 1.16586 —
1.17024 – 1.16939 —
52.793568500687 – 47.505913554694 —
1.17024 – 1767758400 —
– 1767758400

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