EUR/JPY – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘Above the Stomach’ candle pattern is detected. The chart shows ‘Above the Stomach’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Above the Stomach’ going up is 66% (Bull Market) & 67% (Bear Market).

185.552 – 185.468 – 185.568 – 184.653 – 185.048 – 184.949 —
185.36400 – 185.47500 —
50.950133482388 – 51.696592344411 —
– —
185.552 – 1781254800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Above the Stomach – – – – – – – – –