EUR/USD – 30M – BUY

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

An ascending movement upwards to the next resistance level at 1.14408 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.13733 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Moreover a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

1.14408 – 1.1462 – 1.14723 – 1.14201 – 1.13733 – 1.13613 —
1.14208 – 1.14198 —
40.248074785139 – 41.997309712985 —
– —
1.14408 – 1783306800

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