EUR/JPY – 4H – BUY

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

A bullish movement upwards to the next resistance at 187.554 is certain.

Caution: A possible change in the direction of the support zone at 184.891 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. which could be a positive chart signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Additionally a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The candles show ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

185.978 – 185.781 – 184.935 – 184.891 – 184.198 – 184.036 —
185.89400 – 185.89600 —
61.177585834893 – 43.762967378023 —
– —
185.978 – 1780070400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish SBS White Lines – – – – – – – – –