EUR/JPY – 30M – SELL

The combination Euro/Japanese Yen (EUR/JPY) moves from the ascending trendline downwards

A bearish trend downwards to the next support level at 180.6 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern 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).

180.996 – 180.288 – 180.018 – 180.6 – 179.773 – 179.78 —
180.84500 – 181.25300 —
59.100406905546 – 68.410772130168 —
– —
180.99600 – 1763571600

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