EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.

An ascent up to the next resistance at 0.87626 will continue.

Caution: A possible counter-trend in the direction of the support line at 0.8748 could occur.
Consider stop-loss settings accordingly.

Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. 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).

0.87626 – 0.87698 – 0.88176 – 0.8748 – 0.87453 – 0.8752 —
0.87597 – 0.87574 —
49.093939307179 – 45.828568374531 —
– —
0.87626 – 1764291600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – – – – – – – –