Buy EUR/USD – 30M – BUY

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

A bullish ascent up to the next resistance at 1.04803 is expected.

Caution: A possible change in the direction of the support line at 1.04532 could occur.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 1.05305
2nd High 1.05207
Next High 1.04803
Current Price 1.04974
Next Low 1.04532
2nd Low 1.04252
3rd Low 1.03918

Download EUR/USD Signal Image

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