EUR/JPY – 30M – BUY

In addition a ‘Double bottom chart pattern’ chart pattern is existing. The chart shows ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

In addition a ‘Bullish Engulfing’ candle pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.

183.739 – 183.572 – 183.766 – 182.079 – 183.082 – 182.57 —
183.57200 – 183.81600 —
55.120698503895 – 64.538579750024 —
– —
183.73900 – 1769677200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Engulfing – Double bottom chart pattern – – – – – – – –