Buy EUR/GBP – 30M – BUY

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

The bullish trend up to the next resistance line at 0.87085 will continue.

Caution: A possible trend reversal in the direction of support at 0.86695 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI Bullish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Bullish Divergence’. signal.

Then a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The 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).

Support & Resistance Price Range*
3rd High 0.87323
2nd High 0.87089
Next High 0.87085
Current Price 0.86798
Next Low 0.86695
2nd Low 0.8665
3rd Low 0.86631

0.87085 – 0.87089 – 0.87323 – 0.86924 – 0.86941 – 0.87084 —
0.86717 – 0.86798 —
38.327734290488 – 49.356634762049 —
– —
0.87085 – 1769157000

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