EUR/JPY – 30M – SELL

The combination Euro/Japanese Yen (EUR/JPY) jumps from the bullish trendline downwards

A bearish trend down to the next support line at 180.904 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 181.45800 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

181.45800 – 181.261 – 180.85 – 180.904 – 180.346 – 180.093 —
181.45800 – 181.40500 —
69.246232764652 – 65.742120452423 —
181.45800 – 1764176400 —
– 1764176400

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