EUR/USD – 30M – BUY

The pair Euro/US Dollar (EUR/USD) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 1.16132 will continue.

Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.16132 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.16132 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.16132 – 1.16005 – 1.15955 – 1.15762 – 1.15467 – 1.15654 —
1.15992 – 1.15944 —
56.604517687681 – 48.702471061989 —
– —
1.16132 – 1764217800

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