EUR/JPY – 30M – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance at 181.938 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 180.801 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

181.938 – 182.532 – 182.009 – 180.801 – 180.845 – 181.334 —
181.51500 – 181.97400 —
48.151644086522 – 57.046521086629 —
– —
181.938 – 1770953400

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – Double top retreat up – – – – – – – –