EUR/AUD – 30M – BUY

The pair Euro/Australian Dollar (EUR/AUD) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 1.74378 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 1.73597 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Then a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.73945 – 1.74378 – 1.74441 – 1.73597 – 1.73705 – 1.73814 —
1.73820 – 1.73965 —
47.740547978287 – 60.975978844198 —
– —
1.73945 – 1768267800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –