EUR/USD – 30M – BUY

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

A bullish movement upwards to the next resistance at 1.17385 will persist.

Caution: A possible counter-trend in the direction of the support level at 1.16896 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.17591996 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.17385 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern 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).

1.17132 – 1.17385 – 1.17849 – 1.16896 – 1.1676 – 1.16805 —
1.17225 – 1.17363 —
62.708593384225 – 64.981044721545 —
– —
1.17132 – 1778005800

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