EUR/JPY – 4H – BUY

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

The bullish trend upwards to the next resistance at 186.315 will continue.

Caution: A possible change in the direction of support at 184.653 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. chart scenario.

Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘Three Outside Up’ candlestick pattern is found. The candles form ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

186.315 – 185.568 – 186.201 – 184.653 – 183.986 – 185.118 —
185.19500 – 184.94600 —
34.300808896778 – 44.42133343524 —
– —
186.315 – 1781625600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up – – – – – – – – –