EUR/JPY – 30M – BUY

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 183.134868 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 184.186 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Southern Doji’ candlestick pattern is detected. The candles show ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

184.186 – 184.63 – 184.613 – 182.715 – 183.199 – 183.492 —
183.64100 – 183.73200 —
60.940140257095 – 59.262800762429 —
– —
184.18600 – 1768525200

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