EUR/JPY – 30M – BUY

Then a ‘Double top retreat up’ chart formation is detected. The chart forms ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

172.01000 – 172.69800 – 172.62300 – 171.69200 – 171.99200 – 172.17700 — 38.269787793597 – 40.765519961452 — 68.492276267075 – 73.903448778975 – 59.130783680765 – 66.447204440311

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double top retreat up – –