EUR/GBP – 1H – BUY

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

An ascent upwards to the next resistance line at 0.86729 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.86565 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.

Then a ‘MACD-Hist Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Bullish Divergence’. which could be a positive signal. The currency pair could go up.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86729 – 0.86741 – 0.86922 – 0.86565 – 0.86512 – 0.8663 —
0.86644 – 0.86606 —
47.017658945738 – 37.368449633035 —
– —
0.86729 – 1768417200

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