EUR/USD – 1H – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance level at 1.16158 is expected.

Caution: A possible trend reversal in the direction of the support level at 1.15242 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ going up is 82%.

1.16158 – 1.15548 – 1.15468 – 1.15242 – 1.14427 – 1.14495 —
1.15334 – 1.16002 —
33.041022882134 – 57.379274609493 —
– —
1.16158 – 1773957600

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