EUR/GBP – 30M – BUY

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.863485 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.86476 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86476 – 0.86446 – 0.86363 – 0.86327 – 0.8633 – 0.86252 —
0.86406 – 0.86401 —
52.26305883737 – 48.395347169565 —
– —
0.86476 – 1777921200

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