EUR/USD – 30M – BUY

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

A continuation of the uptrend up to the next resistance line at 1.17545 is certain.

Caution: A possible trend reversal in the direction of the support level at 1.16936 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ” indicator signal is found. The indicator shows ”. this is usually a bullish chart scenario. The currency pair is likely to rise.

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And also a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.17545 – 1.1689 – 1.17161 – 1.16936 – 1.16724 – 1.16687 —
1.17228 – 1.17132 —
43.316022144799 – 31.968021616549 —
– —
1.17545 – 1777302000

Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold – – – – – – – – –