EUR/USD – 30M – BUYThe currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 1.172 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.16558 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Belt Hold’ candlestick pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Die Kombination Euro/US Dollar (EUR/USD) bricht durch die absteigende Trendline nach oben.
Der bullige Trend nach oben zum nächsten Widerstands-Level bei 1.172 ist möglich.
Vorsicht: Eine Kursänderung in Richtung der Supportlinie bei 1.16558 sollte beachtet werden.
Stop-Loss Einstellungen entsprechend berücksichtigen.
Es gibt auch ein ‘Bullish Belt Hold’ Kerzenmuster . Die Kerzen zeigen ‘Bullish Belt Hold’. Das bedeutet ein positives Chart Szenario. Das Paar tendiert nach oben. Nach der Enzyklopädie der Candlestick Charts von Thomas N. Bulkowski, ist die Wahrscheinlichkeit, dass ‘Bullish Belt Hold’ steigt ist 71% (Bull Market) & 71% (Bear Market).
The pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 1.172 is expected.
Caution: A possible counter-trend in the direction of support at 1.16558 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17871 |
| 2nd High | 1.17422 |
| Next High | 1.172 |
| Current Price | 1.16378 |
| Next Low | 1.16558 |
| 2nd Low | 1.16287 |
| 3rd Low | 1.15736 |
1.1697 – 1.16543 – 1.16425 – 1.16558 – 1.16287 – 1.15736 — 29.003972890971 – 40.487699801544 — 39.312176250738 – 41.893427753371 – 36.76771650675 – 39.584289554783
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold – – –