EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 186.226 will continue.

Caution: A possible change in the direction of the support level at 184.824 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ chart pattern is detected. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

186.226 – 185.316 – 185.549 – 184.824 – 184.802 – 184.257 —
186.06500 – 186.04100 —
60.679039010079 – 51.687278412729 —
– —
186.226 – 1775773800

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