EUR/USD – 4H – BUY

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

A continuation of the bullish trend up to the next resistance level at 1.17683 will persist.

Caution: A possible counter-trend in the direction of the support level at 1.15766 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 1.18077 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.17683 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. this 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.17683 – 1.1698 – 1.18077 – 1.15766 – 1.16178 – 1.16586 —
1.16970 – 1.17358 —
53.896595666449 – 59.018712220106 —
– —
1.17683 – 1768910400

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