EUR/USD – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.17425 – 1.17683 – 1.16613 – 1.17104 – 1.15766 – 1.15927 —
1.16915 – 1.16899 —
38.419966534822 – 44.009436814109 —
– —
1.17425 – 1769007600

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