EUR/JPY – 4H – BUYFurthermore a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives signal. Die Paarung wird wahrscheinlich steigen.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 184.0995 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 185.568 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 185.568 |
| Current Price | 183.77800 |
| Next Low | 182.631 |
| 2nd Low | 181.565 |
| 3rd Low | 180.091 |
185.568 – 184.422 – 184.918 – 182.631 – 182.807 – 183.412 —
184.18200 – 183.36000 —
45.310645551319 – 31.05679195226 —
– —
185.56800 – 1768377600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double top chart pattern – – – – – – – –