EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.85545 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.85384 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.85545 – 0.85391 – 0.85367 – 0.85384 – 0.85078 – 0.85104

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double bottom chart pattern