EUR/USD – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 1.18285 will persist.

Caution: A possible change in the direction of the support level at 1.15048 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.16267 – 1.16394 – 1.16158 – 1.15048 – 1.14428 – 1.14841 —
1.18081 – 1.17848 —
72.805965293589 – 58.775225998268 —
– —
1.16267 – 1775059200

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