EUR/JPY – 1H – BUY

In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘StochRSI Bullish Divergence’ indicator layout is discovered. The indicator shows ‘StochRSI Bullish Divergence’. this is usually a bullish chart scenario. 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 will continue. Current target is 183.6145 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 183.643 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The 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).

183.643 – 184.061 – 184.422 – 182.807 – 183.709 – 183.534 —
183.43200 – 183.19800 —
45.63332783937 – 38.419492526764 —
– —
183.64300 – 1767664800

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