EUR/USD – 1H – BUY

The combination Euro/US Dollar (EUR/USD) breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 1.1759 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 1.16699 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘StochRSI Hidden Bullish Divergence’. signal.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

1.1759 – 1.17425 – 1.17683 – 1.16699 – 1.17104 – 1.15766 —
1.17535 – 1.17609 —
67.299845968127 – 64.858284881203 —
– —
1.17590 – 1769130000

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