EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) jumps from the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 1.16216 is expected.

Caution: A possible counter-trend in the direction of the support level at 1.15967 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

1.16216 – 1.16172 – 1.15891 – 1.15967 – 1.15661 – 1.15567 —
1.16099 – 1.16118 —
51.306557342314 – 57.601719370269 —
1.15967 – 1781523000 —
1.16216 – 1781510400

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