EUR/JPY – 30M – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline upwards

An ascent upwards to the next resistance line at 183.123 will continue.

Caution: A possible trend reversal in the direction of support at 182.372 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

183.123 – 183.223 – 184.327 – 182.372 – 182.024 – 183.741 —
182.91500 – 182.74400 —
43.86803075738 – 48.820291003801 —
– —
183.123 – 1772629200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – – – – – – – – –