EUR/JPY – 30M – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 180.014 is certain.

Caution: A possible trend reversal in the direction of the support level at 179.346 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

180.014 – 179.714 – 179.968 – 179.346 – 179.26 – 178.97 —
179.91200 – 180.01800 —
60.113178013393 – 53.981318159088 —
– —
180.01400 – 1763400600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – – – –