EUR/USD – 4H – BUY

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.16210764 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.16556 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.16556 – 1.16053 – 1.15907 – 1.14908 – 1.14682 – 1.15764 —
1.15362 – 1.15837 —
49.008955275762 – 50.550887489491 —
– —
1.16556 – 1763049600

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