EUR/GBP – 4H – BUY

The combination Euro/British Pound (EUR/GBP) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 0.87156 is expected.

Caution: A possible change in the direction of the support line at 0.86576 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI Bullish Divergence’ indicator signal is existing. The indicator is ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches signal. Das Paar wird voraussichtlich nach oben gehen.

In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. 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 ‘Three White Soldiers’ going up is 82%.

0.87156 – 0.87451 – 0.86922 – 0.86576 – 0.86526 – 0.86512 —
0.86948 – 0.86707 —
46.99244012381 – 42.387809150368 —
– —
0.87156 – 1769544000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Double top retreat up – – – – – – – –