EUR/USD – 30M – BUY

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.17161 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 1.1689 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.1689 – 1.17161 – 1.17117 – 1.16724 – 1.16687 – 1.16787 —
1.17182 – 1.17006 —
58.680804988679 – 42.730897464275 —
– —
1.1689 – 1777006800

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –