EUR/USD – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 1.17849 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 1.1676 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ heading up is 82%.

1.17849 – 1.17412 – 1.17201 – 1.1676 – 1.17149 – 1.17184 —
1.17256 – 1.17703 —
67.545690329951 – 79.639310105779 —
– —
1.17849 – 1777654800

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