EUR/JPY – 1H – SELL

The pair Euro/Japanese Yen (EUR/JPY) goes from the bullish trendline downwards

A bearish movement down to the next support level at 182.707 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 183.246 could occur.
Consider stop-loss settings accordingly.

Then a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Bullish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

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

183.246 – 183.23 – 183.643 – 182.707 – 182.807 – 183.709 —
183.10700 – 182.86600 —
49.301068778575 – 37.925288572248 —
– —
183.24600 – 1767844800

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