EUR/USD – 1H – BUY

Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 1.14723 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.14723 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.14723 – 1.14114 – 1.14362 – 1.1382 – 1.13791 – 1.13538 —
1.14353 – 1.14411 —
60.259533731875 – 62.015787684008 —
– —
1.14723 – 1783004400

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