EUR/GBP – 30M – BUY

The currency pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance line at 0.86856 will persist.

Caution: A possible trend reversal in the direction of support at 0.8665 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ” indicator signal is discovered. The indicator is ”. which could be a positive signal. The pair is likely to go up.

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Additionally a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.

Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.86856 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 0.86856 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ chart pattern is found. The chart shows ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.86856 – 0.86761 – 0.86776 – 0.8665 – 0.86656 – 0.86661 —
0.86742 – 0.86772 —
52.12739252742 – 57.246619046965 —
– —
0.86856 – 1768815000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – – – – – – – –