Buy EUR/USD – 4H – BUY

And also a ‘Double top retreat up’ chart formation is found. The chart forms ‘Double top retreat up’. which is a positive pattern signal. The pair is likely to go up.

And also a ‘RSI Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Bullish Divergence’. signal.

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

Support & Resistance Price Range*
3rd High 1.18196
2nd High 1.18077
Next High 1.1698
Current Price 1.16188
Next Low 1.16178
2nd Low 1.16147
3rd Low 1.15549

1.1698 – 1.18077 – 1.18037 – 1.16178 – 1.16586 – 1.17025 —
1.16467 – 1.16139 —
39.838822483687 – 31.848074630718 —
– —
1.16980 – 1768219200

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