EUR/USD – 30M – BUY

The combination Euro/US Dollar (EUR/USD) moves from the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 1.16442 is considered certain.

Caution: A possible counter-trend in the direction of support at 1.15584 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.1627657 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.16442 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.16442 – 1.1647 – 1.16543 – 1.15584 – 1.1581 – 1.15742 —
1.15864 – 1.15779 —
30.392926326303 – 39.30030251914 —
1.15584 – 1772733600 —
1.16442 – 1772708400

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