EUR/USD – 1H – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘Bullish Engulfing’ candle pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.

1.18343 – 1.18071 – 1.18481 – 1.17656 – 1.17676 – 1.17741 —
1.17837 – 1.17931 —
46.151762387154 – 59.170198044575 —
– —
1.18343 – 1771808400

Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Engulfing – – – – – – – – –