EUR/USD – 30M – BUY

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 1.17412 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 1.17412 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.17412 – 1.1689 – 1.17092 – 1.17238 – 1.16546 – 1.16609 —
1.17336 – 1.17239 —
64.333714071784 – 43.460250434856 —
– —
1.17412 – 1777586400

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