EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at is expected.

Caution: A possible trend reversal in the direction of support at 180.6 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

180.996 – 180.288 – 180.018 – 180.6 – 179.773 – 179.78 —
181.42500 – 181.45500 —
63.095244984384 – 67.222911622857 —
– —
180.99600 – 1763571600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Rising Wedge Chart Pattern – – – –