EUR/JPY – 30M – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.

A bullish ascent up to the next resistance line at 184.469 will continue.

Caution: A possible change in the direction of support at 183.927 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

184.469 – 184.421 – 184.493 – 183.927 – 183.697 – 183.82 —
184.42000 – 184.38800 —
58.645708987344 – 54.673363166415 —
– —
184.469 – 1772186400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up – – – – – – – – –