EUR/GBP – 4H – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 0.86907 will persist.
Caution: A possible trend reversal in the direction of support at 0.86437 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar wird voraussichtlich nach oben gehen.
Moreover a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87964 |
| 2nd High | 0.87455 |
| Next High | 0.86907 |
| Current Price | 0.86676 |
| Next Low | 0.86437 |
| 2nd Low | 0.86321 |
| 3rd Low | 0.86093 |
0.86907 – 0.87455 – 0.87395 – 0.86437 – 0.86941 – 0.87348 —
0.86862 – 0.86613 —
55.176826892845 – 38.610061546977 —
– —
0.86907 – 1767873600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –