EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance at 182.547 is expected.

Caution: A possible change in the direction of the support zone at 181.927 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

182.547 – 182.615 – 182.641 – 181.927 – 182.048 – 182.003 —
182.41100 – 182.45700 —
52.625642382487 – 55.054803131896 —
– —
182.54700 – 1765402200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –