EUR/JPY – 30M – BUYNext a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Latter Bottom’ candle pattern is existing. The chart forms ‘Latter Bottom’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 184.422 |
| 2nd High | 184.061 |
| Next High | 183.318 |
| Current Price | 183.46400 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.318 – 184.061 – 184.422 – 182.807 – 183.709 – 183.534 —
183.30000 – 183.50900 —
52.668083226813 – 56.461286462964 —
– —
183.31800 – 1767634200
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Latter Bottom – – – – – – – – –