EUR/AUD – 4H – BUY

The combination Euro/Australian Dollar (EUR/AUD) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance line at 1.6595 is certain.

Caution: A possible trend reversal in the direction of the support line at 1.61997 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

1.63499 – 1.6595 – 1.67194 – 1.61997 – 1.61282 – 1.64241 —
1.63057 – 1.63645 —
49.26968805101 – 56.754318876627 —
– —
1.63499 – 1773432000

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