EUR/JPY – 1H – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at will persist.

Caution: A possible trend reversal in the direction of the support line at 179.773 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

180.288 – 180.018 – 179.968 – 179.773 – 179.598 – 178.97 —
180.28700 – 180.99600 —
56.997245257493 – 63.766907668434 —
– —
180.28800 – 1763496000

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