EUR/JPY – 30M – SELL

The pair Euro/Japanese Yen (EUR/JPY) jumps from the ascending trendline downwards

A bearish movement down to the next support at 184.802 is likely expected.

Caution: A possible change in the direction of the resistance level at 185.762 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ” indicator signal is discovered. The indicator is ”. which is often a bearish signal. The pair is likely to go down.

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There is also a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

185.762 – 185.436 – 185.438 – 184.802 – 184.818 – 183.767 —
185.56000 – 185.96000 —
62.268810309051 – 74.61982657054 —
– —
185.76200 – 1769074200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – Head and Shoulder chart pattern – – – – – – – –