EUR/JPY – 30M – BUY

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

A continuation of the uptrend up to the next resistance line at 185.501 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 184.691 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

185.501 – 185.277 – 185.241 – 184.691 – 184.675 – 183.728 —
185.35200 – 185.18800 —
59.722568024027 – 37.402006818617 —
– —
185.501 – 1770285600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish SBS White Lines – Double top retreat up – – – – – – – –