EUR/USD – 1H – BUY

The combination Euro/US Dollar (EUR/USD) goes from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 1.16209 is likely expected.

Caution: A possible change in the direction of the support zone at 1.15584 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Bullish Divergence’. chart scenario.

Then a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.16209 – 1.1647 – 1.16543 – 1.15584 – 1.15298 – 1.16713 —
1.16178 – 1.15742 —
52.954124800656 – 40.734824845415 —
– —
1.16209 – 1772776800

Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –