EUR/GBP – 4H – BUY

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

A bullish movement up to the next resistance line at 0.86907 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.86437 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. Dieses ist oftmals ein bearisches signal. Die Paarung wird wahrscheinlich fallen.

Additionally a ‘StochOSC Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. Dieses ist oftmals ein bearisches signal. Die Paarung wird wahrscheinlich fallen.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.86907 – 0.87455 – 0.87395 – 0.86437 – 0.86941 – 0.87348 —
0.86835 – 0.86579 —
51.492942503938 – 37.549242569283 —
– —
0.86907 – 1767873600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –