EUR/USD – 4H – BUY

The pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance level at 1.16394 will persist.

Caution: A possible counter-trend in the direction of the support line at 1.14841 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. chart signal.

Furthermore a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. chart signal.

Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which 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 chance of ‘Three White Soldiers’ going up is 82%.

1.16394 – 1.16158 – 1.1667 – 1.14841 – 1.14427 – 1.14104 —
1.15000 – 1.15592 —
33.01953136084 – 56.726255315308 —
– —
1.16394 – 1774281600

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