EUR/USD – 1H – BUY

The pair Euro/US Dollar (EUR/USD) jumps from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 1.18377 is expected.

Caution: A possible change in the direction of the support level at 1.17901 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. chart scenario.

Furthermore a ‘StochRSI Bullish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Bullish Divergence’. chart scenario.

Furthermore a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD-Hist Bullish Divergence’. chart scenario.

Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.18377 – 1.18241 – 1.19543 – 1.17901 – 1.17797 – 1.17756 —
1.18075 – 1.17906 —
44.329701725999 – 36.916014432966 —
– —
1.18377 – 1770199200

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