EUR/USD – 30M – BUY

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

A bullish trend upwards to the next resistance line at 1.15804 will continue.

Caution: A possible change in the direction of the support level at 1.15242 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Bearish SBS White Lines’ candle chart pattern is existing. The candles form ‘Bearish SBS White Lines’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

1.15804 – 1.16158 – 1.14909 – 1.15242 – 1.14427 – 1.14495 —
1.15574 – 1.15692 —
45.707384896076 – 47.469691445498 —
– —
1.15804 – 1774004400

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines – – – – – – – – –