EUR/USD – 1H – BUY

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

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 1.171975 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 1.17849 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Bearish SBS White Lines’ candlestick pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.17849 – 1.17412 – 1.17201 – 1.17149 – 1.17184 – 1.16546 —
1.17233 – 1.17005 —
42.470866175814 – 33.061371614242 —
– —
1.17849 – 1777654800

Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines – – – – – – – – –