EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance level at 1.18332 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 1.18095 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.

In addition a ‘Three Outside Up’ candle pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.18332 – 1.18258 – 1.18014 – 1.18095 – 1.17651 – 1.17814 —
1.18264 – 1.18640 —
59.173581582792 – 71.218122676712 —
– —
1.18332 – 1770602400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Up – – – – – – – – –