EUR/JPY – 1H – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.

An ascent up to the next resistance level at 180.85 will continue.

Caution: A possible trend reversal in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

180.85 – 181.263 – 182.005 – 180.093 – 179.765 – 179.773 —
180.70500 – 180.56200 —
49.513187363129 – 46.556218701979 —
– —
180.85000 – 1764079200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double top retreat up – – – – – – – –