EUR/JPY – 30M – BUY

The pair Euro/Japanese Yen (EUR/JPY) jumps from the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 187.32 is certain.

Caution: A possible change in the direction of the support line at 186.552 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 186.9565 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 187.32 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

187.32 – 187.361 – 187.329 – 186.552 – 186.988 – 187.025 —
186.61000 – 186.96300 —
37.194024214443 – 59.504316572191 —
– —
187.32 – 1776859200

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Belt Hold – Rising Wedge Chart Pattern – – – – – – – –