EUR/JPY – 4H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 183.919062 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 184.689 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

184.689 – 184.768 – 183.153 – 182.024 – 181.988 – 180.816 —
183.12300 – 183.01800 —
41.2626265536 – 43.817451773844 —
– —
184.689 – 1772424000

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Northern Doji – – – – – – – – –