EUR/JPY – 4H – BUY

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 183.919062 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 184.073 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish 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%.

184.073 – 184.689 – 184.768 – 182.024 – 181.988 – 180.816 —
183.48300 – 182.77400 —
31.684017298939 – 42.364500321948 —
– —
184.073 – 1773201600

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