EUR/GBP – 30M – BUY

Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.88391 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 0.88391 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.88391 – 0.88233 – 0.88177 – 0.88071 – 0.88069 – 0.87975 —
0.88256 – 0.88356 —
54.313180198966 – 65.58398277304 —
– —
0.88391 – 1763555400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Head and Shoulder chart pattern – – – –