EUR/JPY – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at is expected.

Caution: A possible counter-trend in the direction of the support level at 184.802 could happen.
Consider stop-loss settings accordingly.

There is also a ” indicator signal is discovered. The indicator is ”. which is often a bullish chart scenario. The currency pair is likely to rise.

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There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

186.012 – 185.762 – 185.436 – 184.802 – 184.818 – 183.767 —
186.14400 – 186.31700 —
74.196223255689 – 68.858130495126 —
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186.01200 – 1769097600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Belt Hold – – – – – – – – –