EUR/JPY – 30M – BUY

In addition a ” indicator layout is existing. The indicator is ”. this is usually a bullish chart signal. The currency pair could go up.

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In addition a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator is ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 181.803506 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 182.009 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Concealing Baby Swallow’ candlestick chart pattern is found. The chart shows ‘Concealing Baby Swallow’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).

182.009 – 182.129 – 183.004 – 180.845 – 181.334 – 182.211 —
182.35700 – 181.81500 —
67.195349634783 – 37.782589463885 —
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182.009 – 1770885000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Concealing Baby Swallow – Double top retreat up – – – – – – – –