EUR/GBP – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.864505 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.86476 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86476 – 0.86403 – 0.86657 – 0.86327 – 0.86166 – 0.86589 —
0.86409 – 0.86326 —
55.270764982453 – 36.814469776059 —
– —
0.86476 – 1777921200

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