EUR/USD – 4H – BUY

The combination Euro/US Dollar (EUR/USD) goes from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance level at 1.14947 will continue.

Caution: A possible change in the direction of the support zone at 1.13713 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.14947 – 1.14542 – 1.14185 – 1.13713 – 1.13568 – 1.12099

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji