EUR/USD – 4H – BUY

And also a ‘Falling Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The pair is likely to go up.

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

An ascent upwards to the next resistance at 1.14947 is likely expected.

Caution: A possible counter-trend in the direction of support at 1.13713 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.14947 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.14947 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.14947 – 1.14542 – 1.14185 – 1.13713 – 1.13568 – 1.12099

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