EUR/USD – 30M – BUY

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

An ascent up to the next resistance level at 1.1689 will persist.

Caution: A possible change in the direction of support at 1.16687 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘MACD-Hist Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 1.16924 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.1689 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Up’ candle chart pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

1.1689 – 1.17161 – 1.17117 – 1.16687 – 1.16787 – 1.16919 —
1.16797 – 1.16833 —
35.940669443113 – 41.361419363881 —
– —
1.1689 – 1777006800

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