EUR/JPY – 30M – BUYIn addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Advance Block’ candle pattern is found. The chart shows ‘Advance Block’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 185.324 |
| 2nd High | 183.153 |
| Next High | 183.096 |
| Current Price | 182.53900 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
183.096 – 183.045 – 182.686 – 182.16900 – 182.218 – 182.312 —
182.30400 – 182.54200 —
33.161380656779 – 48.831703362668 —
182.16900 – 1771815600 —
183.096 – 1771606800
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Advance Block – – – – – – – – –