EUR/USD – 1H – BUY

Besides 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 signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.168205 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.18264 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.18264 – 1.18285 – 1.18076 – 1.15298 – 1.16713 – 1.17735 —
1.16217 – 1.15971 —
42.542099212429 – 37.627234057312 —
– —
1.18264 – 1772218800

Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –