EUR/JPY – 30M – BUYBesides a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar wird voraussichtlich nach oben gehen.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 183 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 183.246 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 183.381 |
| 2nd High | 183.369 |
| Next High | 183.246 |
| Current Price | 182.91300 |
| Next Low | 182.631 |
| 2nd Low | 182.196 |
| 3rd Low | 181.565 |
183.246 – 183.246 – 183.23 – 182.631 – 182.712 – 182.931 —
182.77000 – 182.86400 —
38.11853731731 – 41.472258060826 —
– —
183.24600 – 1767891600
Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – – – – – – – –