EUR/JPY – 30M – BUY

Next a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 183.369 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 183.381 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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).

183.246 – 183.246 – 183.23 – 182.631 – 182.712 – 182.931 —
183.28900 – 183.42300 —
68.478240192889 – 69.687049839297 —
– —
183.24600 – 1767891600

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