Buy EUR/USD – 30M – BUY

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

A bullish trend up to the next resistance line at 1.17201 is certain.

Caution: A possible change in the direction of the support level at 1.16546 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Three Line Strike – Bullish’ candlestick chart pattern is found. The chart shows ‘Three Line Strike – Bullish’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High 1.17545
2nd High 1.17266
Next High 1.17201
Current Price 1.17129
Next Low 1.16546
2nd Low 1.165
3rd Low 1.16429

1.1689 – 1.17092 – 1.17201 – 1.16546 – 1.16609 – 1.1677 —
1.16969 – 1.17005 —
63.372133757285 – 52.657710822784 —
– —
1.1689 – 1777518000

Trading Signals:

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