EUR/JPY – 30M – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 182.294 will continue.

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

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Besides a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

182.294 – 182.278 – 181.938 – 181.695 – 181.12 – 181.241 —
181.82100 – 181.92500 —
49.160256150605 – 49.757550967559 —
– —
182.294 – 1771245000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish SBS White Lines – – – – – – – – –