EUR/JPY – 30M – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at is expected.

Caution: A possible trend reversal in the direction of the support zone at 184.802 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

185.762 – 185.436 – 185.438 – 184.802 – 184.818 – 183.767 —
185.65300 – 185.93800 —
62.857546328429 – 59.042684474854 —
– —
185.76200 – 1769074200

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