EUR/USD – 1H – BUY

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.18917246 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 1.19262 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candle pattern is discovered. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.19262 – 1.18214 – 1.18377 – 1.17651 – 1.17799 – 1.17901 —
1.19126 – 1.19128 —
59.378771315165 – 55.834864343283 —
– —
1.19262 – 1770656400

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