EUR/USD – 1H – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance level at 1.15955 is expected.

Caution: A possible reversal of the trend in the direction of support at 1.15112 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.15955 – 1.15501 – 1.15522 – 1.15112 – 1.14908 – 1.15008 —
1.15804 – 1.15960 —
54.828365724755 – 61.158148050705 —
– —
1.15955 – 1764144000

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