EUR/USD – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance line at is expected.

Caution: A possible counter-trend in the direction of the support line at 1.18345 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.19065 – 1.18972 – 1.1759 – 1.18345 – 1.16699 – 1.17104 —
1.18809 – 1.19382 —
53.799313288482 – 68.937432412596 —
– —
1.19065 – 1769450400

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Up – – – – – – – – –