EUR/USD – 30M – BUY

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

The bullish trend upwards to the next resistance line at 1.18096 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.17741 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochOSC Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bullish Divergence’. signal.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.18144622 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.18096 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. 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 ‘Three White Soldiers’ going up is 82%.

1.18096 – 1.18334 – 1.18343 – 1.17741 – 1.1743 – 1.17416 —
1.18003 – 1.17861 —
46.24574901669 – 40.809056254734 —
– —
1.18096 – 1771866000

Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –