EUR/JPY – 4H – SELLThe combination Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline down.
A bearish movement downwards to the next support line at 182.807 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 184.422 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘RSI Bullish Divergence’ indicator layout is discovered. The indicator is ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘StochRSI Bullish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 184.918 |
| Next High | 184.422 |
| Current Price | 183.16000 |
| Next Low | 182.807 |
| 2nd Low | 181.565 |
| 3rd Low | 180.091 |
184.422 – 184.918 – 183.153 – 182.807 – 183.412 – 183.283 —
183.55900 – 182.95600 —
44.493116694252 – 36.033692771088 —
– —
184.42200 – 1767326400
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three Outside Up – Double bottom chart pattern – – – – – – – –