EUR/USD – 4H – BUY

The combination Euro/US Dollar (EUR/USD) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 1.16216 is certain.

Caution: A possible change in the direction of the support level at 1.13613 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.14362 – 1.14336 – 1.16216 – 1.13613 – 1.13241 – 1.14174 —
1.13856 – 1.14355 —
43.135759854775 – 57.12588897591 —
– —
1.14362 – 1782835200

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