EUR/USD – 30M – BUY

Besides a ‘Double bottom chart pattern’ chart pattern is existing. The formation shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

The combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance level at 1.14353 is likely expected.

Caution: A possible change in the direction of the support level at 1.13726 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.14388 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 1.14353 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.14353 – 1.14305 – 1.14388 – 1.13726 – 1.13862 – 1.13713

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