EUR/JPY – 1H – BUY

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

A bullish movement up to the next resistance level at 183.573 is expected.

Caution: A possible trend reversal in the direction of the support level at 182.815 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘StochOSC Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘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 probability of ‘Three White Soldiers’ going up is 82%.

183.573 – 183.645 – 183.61 – 182.815 – 181.866 – 182.296 —
183.45600 – 183.42100 —
51.523616979584 – 54.785467090217 —
– —
183.573 – 1773802800

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