EUR/USD – 30M – BUY

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘StochOSC Hidden Bearish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.18558592 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 1.18846 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Matching Low’ chart pattern is found. The candles show ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.18846 – 1.18731 – 1.18895 – 1.18473 – 1.18467 – 1.18558 —
1.18657 – 1.18746 —
39.385142570748 – 54.102203133254 —
1.18473 – 1771003800 —
1.18846 – 1770996600

Trading Signals: FOREX – EUR – EUR/USD – USD – Matching Low – – – – – – – – –