EUR/JPY – 4H – BUY

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 184.200458 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 184.422 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candlestick pattern is existing. 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

184.422 – 184.918 – 183.153 – 183.412 – 183.283 – 181.565 —
184.04200 – 183.36500 —
49.12777722486 – 39.657980320889 —
– —
184.42200 – 1767326400

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