EUR/GBP – 4H – BUY

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

A bullish trend up to the next resistance line at 0.86922 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.86512 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. 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).

0.86922 – 0.86907 – 0.87455 – 0.86512 – 0.86437 – 0.86941 —
0.86729 – 0.86716 —
48.088110794829 – 45.271891889448 —
– —
0.86922 – 1768204800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –