EUR/GBP – 4H – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 0.87964 is likely expected.

Caution: A possible change in the direction of the support line at 0.87246 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The 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%.

0.87512 – 0.87487 – 0.8721 – 0.87246 – 0.86856 – 0.86824 —
0.87125 – 0.87512 —
37.200354338803 – 62.196721470313 —
– —
0.87512 – 1771516800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Double bottom chart pattern – – – – – – – –