EUR/JPY – 30M – BUY

The currency pair Euro/Japanese Yen (EUR/JPY) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance at 183.123 is certain.

Caution: A possible counter-trend in the direction of the support line at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

183.123 – 183.223 – 184.327 – 182.11200 – 182.472 – 182.372 —
182.49000 – 182.85100 —
49.103644541273 – 62.997557219739 —
182.11200 – 1772706600 —
183.123 – 1772629200

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