EUR/JPY – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 186.315 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

186.315 – 186.052 – 185.552 – 185.448 – 185.192 – 184.653 —
186.14000 – 185.82100 —
42.428453767296 – 38.650701315675 —
– —
186.315 – 1781636400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Down – Rising Wedge Chart Pattern – – – – – – – –