EUR/USD – 30M – BUY

The currency pair Euro/US Dollar (EUR/USD) breaks through the descending trendline up.

An ascent upwards to the next resistance level at 1.1654 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.1654 – 1.16561 – 1.16609 – 1.16245 – 1.16445 – 1.15858 —
1.16481 – 1.16470 —
41.727632587876 – 44.843728221237 —
– —
1.1654 – 1780047000

Trading Signals: FOREX – EUR – EUR/USD – USD – Three White Soldiers – – – – – – – – –