EUR/USD – 30M – BUY

In addition a ‘Double bottom retreat down’ chart formation is detected. The chart forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

In addition a ‘Bullish Meeting Lines’ candle chart pattern is existing. The chart forms ‘Bullish Meeting Lines’. 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 success rate of a ‘Bullish Meeting Lines’ heading up is 56% (Bull Market) & 52% (Bear Market).

1.16228 – 1.1616 – 1.1652 – 1.15908 – 1.15979 – 1.16034 —
1.16075 – 1.16242 —
48.323962247739 – 60.72652397479 —
– —
1.16228 – 1764691200

Trading Signals: FOREX – EUR – EUR/USD – USD – Bullish Meeting Lines – Double bottom retreat down – – – – – – – –