Buy EUR/JPY – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 185.952 is likely expected.

Caution: A possible change in the direction of support at 185.192 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘StochRSI Hidden Bullish Divergence’. chart signal.

Then a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 187.554
2nd High 186.201
Next High 185.952
Current Price 185.90400
Next Low 185.192
2nd Low 184.653
3rd Low 184.6

185.952 – 185.552 – 185.468 – 185.192 – 185.249 – 184.653 —
185.98400 – 185.82300 —
63.25141624856 – 47.771243285585 —
– —
185.952 – 1781510400

Trading Signals:

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