EUR/GBP – 1H – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards

A bullish movement up to the next resistance at 0.87007 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.86844 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ” indicator layout is discovered. The indicator shows ”. which is often a bullish signal. The currency pair could go up.

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Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Then a ‘Bullish Tri-Star’ candlestick pattern is detected. The candles form ‘Bullish Tri-Star’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

0.87007 – 0.87112 – 0.87118 – 0.86844 – 0.86932 – 0.86852 —
0.86772 – 0.86698 —
39.880787223078 – 37.09970434414 —
– —
0.87007 – 1772755200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Tri-Star – – – – – – – – –