EUR/GBP – 30M – BUY

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘RSI Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Bullish Divergence’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘MACD Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Bullish Divergence’. which could be a positive chart signal. The currency pair could 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 0.86663 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.86706 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Up’ candle chart pattern is discovered. The chart forms ‘Three Outside Up’. which 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).

0.86706 – 0.86652 – 0.86823 – 0.86583 – 0.86503 – 0.8667 —
0.86679 – 0.86570 —
59.348336840603 – 36.984253621514 —
– —
0.86706 – 1777287600

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