EUR/USD – 30M – BUY

Additionally a ‘Double bottom chart pattern’ chart pattern is existing. The formation shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 1.14296708 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1.14393 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.14393 – 1.14473 – 1.14353 – 1.14057 – 1.14153 – 1.13726

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