EUR/USD – 4H – BUY

The pair Euro/US Dollar (EUR/USD) goes from the descending trendline up.

A bullish movement up to the next resistance level at 1.18285 is considered certain.

Caution: A possible counter-trend in the direction of support at 1.15298 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. 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%.

1.18285 – 1.18343 – 1.19282 – 1.15298 – 1.17656 – 1.17416 —
1.16199 – 1.15291 —
41.345094540054 – 34.773225414118 —
– —
1.18285 – 1772064000

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