EUR/GBP – 1H – BUY

Next a ‘Double top retreat up’ chart formation is detected. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to rise.

Next a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Bullish Belt Hold’ candle pattern is discovered. The chart forms ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.88195 – 0.88307 – 0.88251 – 0.87797 – 0.87951 – 0.87975 —
0.87931 – 0.87738 —
48.585549573058 – 33.81808856727 —
– —
0.88195 – 1763992800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – Double top retreat up – – – – – – – –