EUR/JPY – 30M – BUY

Next a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 180.852 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 181.268 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

181.268 – 181.515 – 181.306 – 180.189 – 180.523 – 180.832 —
180.48300 – 180.51600 —
36.843354734915 – 40.76832007411 —
– —
181.26800 – 1764360000

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