EUR/USD – 30M – BUY

Then a ‘Falling Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Falling Wedge Chart Pattern’. which is a bullish chart scenario. The pair is likely to go up.

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

An ascent up to the next resistance level at 1.15299 will persist.

Caution: A possible trend reversal in the direction of the support level at 1.14606 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.15299 – 1.15231 – 1.15797 – 1.14606 – 1.14742 – 1.15450

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