GBP/USD – 30M – BUY

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

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 1.34508 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.34508 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.34404 – 1.34508 – 1.34376 – 1.33893 – 1.3392 – 1.34241 —
1.34216 – 1.34580 —
54.640412910071 – 68.980990360177 —
– —
1.34404 – 1768186800

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