EUR/JPY – 30M – BUY

Moreover a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.

The pair Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline up.

A continuation of the uptrend up to the next resistance level at 183.153 is considered certain.

Caution: A possible trend reversal in the direction of support at 182.312 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

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

Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Three Line Strike – Bullish’ candlestick chart pattern is found. The candles form ‘Three Line Strike – Bullish’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

182.686 – 183.153 – 182.539 – 182.312 – 182.008 – 181.409 —
182.47500 – 182.47000 —
46.28407690773 – 47.034856015573 —
– —
182.686 – 1771551000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Line Strike – Bullish – Double bottom chart pattern – – – – – – – –