EUR/USD – 30M – BUY

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

An ascent upwards to the next resistance at 1.1635 is expected.

Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

Then a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

1.1635 – 1.16348 – 1.16448 – 1.15759 – 1.15937 – 1.15822 —
1.16005 – 1.16199 —
40.637604779245 – 56.973310886968 —
1.15759 – 1779381000 —
1.1635 – 1779361200

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