Buy EUR/JPY – 1H – BUY

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

The bullish trend up to the next resistance line at 184.402 will persist.

Caution: A possible change in the direction of the support level at 182.637 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochOSC Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Hidden Bullish Divergence’. signal.

Then a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 187.554
2nd High 184.583
Next High 184.402
Current Price 183.81200
Next Low 182.637
2nd Low 182.282
3rd Low 182.045

184.402 – 184.583 – 187.554 – 182.637 – 182.282 – 186.675 —
184.02300 – 183.80300 —
47.449120864991 – 44.960871270909 —
– —
184.402 – 1777874400

Trading Signals:

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