EUR/GBP – 4H – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance at is certain.

Caution: A possible reversal of the trend in the direction of support at 0.86638 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

0.88171 – 0.88175 – 0.87217 – 0.86638 – 0.86556 – 0.86733 —
0.87771 – 0.88156 —
45.568512341263 – 66.733114570522 —
– —
0.88171 – 1761912000

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