EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) jumps from the bearish trendline upwards

The bullish trend upwards to the next resistance at 1.1667 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.16025 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochOSC Bullish Divergence’ indicator layout is discovered. The indicator shows ‘StochOSC Bullish Divergence’. signal.

In addition a ‘MACD-Hist Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD-Hist Bullish Divergence’. signal.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.1667 – 1.16632 – 1.16451 – 1.16025 – 1.16066 – 1.15069 —
1.16405 – 1.16014 —
58.721115699969 – 28.268838204001 —
– —
1.1667 – 1773172800

Trading Signals: FOREX – EUR – EUR/USD – USD – Three Outside Up – – – – – – – – –