EUR/USD – 30M – BUY

The pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards

An ascent upwards to the next resistance level at 1.16968 is certain.

Caution: A possible counter-trend in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

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

Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.16968 – 1.17425 – 1.17339 – 1.16699 – 1.17008 – 1.17104 —
1.16915 – 1.16951 —
46.736487381823 – 45.723731885901 —
– —
1.16968 – 1769061600

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