EUR/GBP – 4H – BUY

The pair Euro/British Pound (EUR/GBP) jumps from the bullish trendline up.

A continuation of the uptrend up to the next resistance line at 0.87889 is likely expected.

Caution: A possible change in the direction of support at 0.86253 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator shows ‘RSI Bullish Divergence’. Dieses ist oftmals ein bearisches chart scenario. Das Paar tendiert eventuell nach unten.

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

Besides a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

0.87889 – 0.87512 – 0.87487 – 0.86253 – 0.87064 – 0.87246 —
0.86296 – 0.86283 —
26.74214212031 – 36.141567954909 —
– —
0.87889 – 1772208000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –