EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 182.707 is considered certain.

Caution: A possible change in the direction of the resistance zone at 183.369 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

183.369 – 183.381 – 183.607 – 182.707 – 183.006 – 183.009 —
182.92700 – 183.22700 —
45.907166274959 – 61.957912871679 —
– —
183.36900 – 1767758400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –