EUR/USD – 30M – BUY

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.147965 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.15489 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Southern Doji’ candle pattern is detected. The candles form ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

1.15489 – 1.15435 – 1.15468 – 1.15317 – 1.14655 – 1.14139 —
1.15338 – 1.15477 —
48.430207404893 – 43.987461020478 —
– —
1.15489 – 1773824400

Trading Signals: FOREX – EUR – EUR/USD – USD – Southern Doji – – – – – – – – –