EUR/USD – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 1.17412 will persist.

Caution: A possible trend reversal in the direction of the support zone at 1.16546 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Three Line Strike – Bullish’ candle chart pattern is existing. The candles show ‘Three Line Strike – Bullish’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

1.17412 – 1.17201 – 1.17545 – 1.16546 – 1.16609 – 1.1677 —
1.17338 – 1.17318 —
63.638259064687 – 58.029615296671 —
– —
1.17412 – 1777586400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Line Strike – Bullish – – – – – – – – –