EUR/JPY – 4H – BUY

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 182.356308 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 184.422 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

184.422 – 184.918 – 183.153 – 183.412 – 183.283 – 181.565 —
183.77400 – 183.60700 —
44.134859145891 – 38.401018224698 —
– —
184.42200 – 1767326400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Southern Doji – Double top chart pattern – – – – – – – –