EUR/GBP – 30M – BUY

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

A bullish movement upwards to the next resistance line at 0.86761 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.86631 could happen.
Please make appropriate stop-loss settings in the case of a trade.

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

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

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

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candlestick pattern is existing. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86761 – 0.86776 – 0.86793 – 0.86631 – 0.86601 – 0.86526 —
0.86829 – 0.86699 —
59.051354192045 – 38.278126301306 —
– —
0.86761 – 1768582800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – – – – – – – –