EUR/USD – 30M – BUYThe pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.
An ascent up to the next resistance at 1.1697 will continue.
Caution: A possible trend reversal in the direction of the support level at 1.16287 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
Das Währungspaar Euro/US Dollar (EUR/USD) bricht durch die absteigende Trendlinie aufwärts
Ein Aufstieg aufwärts zum nächsten Widerstands-Level bei 1.1697 wird weiterlaufen.
Vorsicht: Eine Kursänderung in Richtung der Supportlinie bei 1.16287 ist im Bereich des Möglichen.
Bei einem Trade sollten entsprechende Stop-Loss Einstellungen dabei berücksichtigt werden.
Es gibt auch ein ‘Bullish Belt Hold’ Kerzen Chart Muster . Die Kerzen formieren ‘Bullish Belt Hold’. Dieses ist ein bullisches Signal Muster. Die Paarung wird wahrscheinlich steigen. Nach der Enzyklopädie der Candlestick Charts von Thomas N. Bulkowski, ist die Möglichkeit, dass ‘Bullish Belt Hold’ hoch geht 71% (Bull Market) & 71% (Bear Market).
The combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 1.1697 will persist.
Caution: A possible change in the direction of the support line at 1.16287 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17422 |
| 2nd High | 1.172 |
| Next High | 1.1697 |
| Current Price | 1.16353 |
| Next Low | 1.16287 |
| 2nd Low | 1.15736 |
| 3rd Low | 1.14532 |
1.1697 – 1.16543 – 1.16425 – 1.16558 – 1.16287 – 1.15736 — 35.417181017312 – 50.564148776554 — 63.439892979057 – 63.439892979057 – 79.997508684002 – 70.933726817937
Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Belt Hold – – –