EUR/GBP – 30M – BUY

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.86663 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.86706 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.86706 – 0.86652 – 0.86823 – 0.86583 – 0.86503 – 0.8667 —
0.86706 – 0.86614 —
60.164581829593 – 38.851152758562 —
0.86706 – 1777287600 —
– 1777287600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – – – – – – – – –