EUR/GBP – 1H – BUY

The pair Euro/British Pound (EUR/GBP) moves from the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 0.86793 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.86526 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar wird voraussichtlich nach unten gehen.

Besides a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar wird voraussichtlich nach unten gehen.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.86732866 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.86793 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency 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).

0.86793 – 0.86784 – 0.86729 – 0.86526 – 0.86565 – 0.86512 —
0.86742 – 0.86651 —
51.481340394634 – 38.600393119419 —
– —
0.86793 – 1768528800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Head and Shoulder chart pattern – – – – – – – –