EUR/JPY – 1H – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance at 183.223 is certain.

Caution: A possible counter-trend in the direction of the support level at 182.112 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Also there is a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

183.087 – 183.123 – 183.223 – 182.112 – 182.372 – 182.024 —
182.84800 – 183.00700 —
54.866533404004 – 59.237151061779 —
– —
183.087 – 1772722800

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