Buy EUR/USD – 30M – BUY

The combination Euro/US Dollar (EUR/USD) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 1.17874 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.17666 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bearish SBS White Lines’ candle pattern is discovered. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 1.18264
2nd High 1.18235
Next High 1.17874
Current Price 1.17941
Next Low 1.17666
2nd Low 1.16801
3rd Low 1.16776

1.17874 – 1.18235 – 1.18076 – 1.17666 – 1.17716 – 1.17784 —
1.17828 – 1.17983 —
42.564983857932 – 61.168140208718 —
– —
1.17874 – 1776387600

Trading Signals:

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