EUR/USD – 30M – BUY

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

A bullish movement upwards to the next resistance line at 1.18875 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.18519 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.18875 – 1.18842 – 1.19269 – 1.18519 – 1.18326 – 1.18858 —
1.18840 – 1.18868 —
53.276999736295 – 54.571061226659 —
– —
1.18875 – 1770894000

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