EUR/USD – 30M – BUY

The combination Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.

A bullish ascent up to the next resistance at 1.16484 is certain.

Caution: A possible counter-trend in the direction of the support line at 1.16107 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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).

1.16484 – 1.16411 – 1.16375 – 1.16107 – 1.15766 – 1.15841 —
1.16450 – 1.16394 —
59.648573476715 – 47.105642489163 —
– —
1.16484 – 1768852800

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