Buy EUR/USD – 30M – BUY

Then a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.17661408 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.18096 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.18294
2nd High 1.18098
Next High 1.18096
Current Price 1.17377
Next Low 1.17074
2nd Low 1.16875
3rd Low 1.16831

1.18096 – 1.18098 – 1.18096 – 1.17865 – 1.17466 – 1.17610

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