EUR/USD – 1H – BUY

The pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards

An ascent up to the next resistance at 1.15659 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 1.14427 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

1.15548 – 1.15468 – 1.15244 – 1.14427 – 1.14495 – 1.14655 —
1.14876 – 1.15374 —
48.355924444812 – 66.510670710932 —
– —
1.15548 – 1773842400

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