EUR/USD – 30M – BUYThe pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
A bullish ascent up to the next resistance at 1.16649 is expected.
Caution: A possible reversal of the trend in the direction of support at 1.16018 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Das Währungspaar Euro/US Dollar (EUR/USD) bricht durch die absteigende Trendlinie aufwärts
Der bullige Trend nach oben zum nächsten Widerstands-Level bei 1.16649 ist sicher.
Vorsicht: Eine Trendumkehr in Richtung der Unterstützungslinie bei 1.16018 könnte eintreten.
Bitte im Fall eines Trades entsprechend Stop-Loss Einstellungen vornehmen.
Nebenbei gibt es ein ‘Northern Doji’ Candlestick Muster . Die Candlesticks zeigen ‘Northern Doji’. Dieses ist ein bullisches Signal Muster. Das Paar tendiert nach oben. Nach der Enzyklopädie der Candlestick Charts von Thomas N. Bulkowski, ist die Erfolgsrate, dass ‘Northern Doji’ steigt ist 52% (Bull Market) & 51% (Bear Market).
The currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 1.16649 is certain.
Caution: A possible counter-trend in the direction of support at 1.16018 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17422 |
| 2nd High | 1.17200 |
| Next High | 1.16649 |
| Current Price | 1.16434 |
| Next Low | 1.16018 |
| 2nd Low | 1.15827 |
| 3rd Low | 1.15818 |
1.16649 – 1.16597 – 1.17200 – 1.16018 – 1.16025 – 1.16932 — 47.802616129351 – 49.313640329358 — 14.007099130958 – 21.87603344726 – 20.270687092574 – 18.303022555181
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – –