EUR/USD – 30M – BUY

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

An ascending movement upwards to the next resistance level at 1.18494 is considered certain.

Caution: A possible counter-trend in the direction of support at 1.18045 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The chart forms ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.18494 – 1.187 – 1.18846 – 1.18045 – 1.18458 – 1.18585 —
1.18526 – 1.18540 —
61.117877244752 – 60.497387641716 —
– —
1.18494 – 1771327800

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines – – – – – – – – –