EUR/GBP – 30M – BUY

The currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.

An ascending movement up to the next resistance at 0.86336 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.86166 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.

Then a ‘StochOSC Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.86336 – 0.86366 – 0.86567 – 0.86166 – 0.86208 – 0.8644 —
0.86287 – 0.86240 —
47.299077137298 – 44.189820203868 —
– —
0.86336 – 1773342000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – – – – – – – – –