EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance at 1.16613 will persist.

Caution: A possible reversal of the trend in the direction of support at 1.16107 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. 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).

1.16411 – 1.16375 – 1.16269 – 1.16107 – 1.15766 – 1.15841 —
1.16351 – 1.16429 —
56.800785979129 – 59.404671253247 —
– —
1.16411 – 1768813200

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