EUR/JPY – 1H – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 183.63 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 182.367 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ going up is 82%.

183.63 – 183.384 – 183.261 – 182.367 – 182.112 – 182.372 —
183.47500 – 183.44000 —
51.147098785395 – 58.105468348154 —
– —
183.63 – 1773104400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – – – – – – – – –