EUR/USD – 30M – BUY

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

A bullish trend upwards to the next resistance level at 1.17545 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 1.17238 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.17412 – 1.1689 – 1.17092 – 1.17238 – 1.16546 – 1.16609 —
1.17239 – 1.17380 —
43.460251184231 – 51.254357389122 —
– —
1.17412 – 1777586400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Up – – – – – – – – –