EUR/USD – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1.152925 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 1.16158 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Southern Doji’ chart pattern is detected. The chart forms ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.16158 – 1.14909 – 1.15548 – 1.14427 – 1.14495 – 1.14902 —
1.15888 – 1.15782 —
76.478138509946 – 67.116026967292 —
– —
1.16158 – 1773957600

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