EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) goes from the bearish trendline upwards

A bullish movement up to the next resistance line at 1.16984 will continue.

Caution: A possible trend reversal in the direction of the support level at 1.16721 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

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

Moreover a ‘Bullish Belt Hold’ candle pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.16984 – 1.17024 – 1.17425 – 1.16721 – 1.16725 – 1.16834 —
1.16766 – 1.16757 —
38.985966470251 – 36.642612863779 —
1.16721 – 1767830400 —
1.16984 – 1767805200

Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold – – – – – – – – –