EUR/JPY – 1H – BUY

The combination Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 186.315 is expected.

Caution: A possible counter-trend in the direction of the support line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

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

Next a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

186.315 – 186.052 – 185.552 – 185.448 – 185.192 – 184.653 —
186.17100 – 185.89900 —
54.240109040555 – 36.397730781955 —
– —
186.315 – 1781636400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Belt Hold – – – – – – – – –