EUR/USD – 30M – BUY

The pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance level at 1.1621 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 1.15069 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.157695 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.1621 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. which 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 White Soldiers’ heading up is 82%.

1.1621 – 1.16209 – 1.16442 – 1.15069 – 1.15456 – 1.15584 —
1.15603 – 1.15352 —
54.288515855073 – 45.98018405037 —
– —
1.1621 – 1772827200

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