EUR/JPY – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 185.501 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 185.501 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

185.501 – 185.277 – 185.241 – 184.353 – 184.552 – 184.691 —
185.13100 – 185.22200 —
58.285154857981 – 58.383105235567 —
– —
185.501 – 1770285600

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – – – – – – – – –