EUR/JPY – 30M – BUY

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

A continuation of the upward movement up to the next resistance line at 186.201 is certain.

Caution: A possible change in the direction of the support zone at 185.192 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Bearish SBS White Lines’ candle chart pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

185.552 – 185.468 – 185.433 – 185.192 – 185.249 – 184.653 —
185.75500 – 185.85400 —
62.262974817184 – 59.389740431534 —
– —
185.552 – 1781256600

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