EUR/JPY – 4H – BUY

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 185.267 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 187.105 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The currency 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%.

187.105 – 187.361 – 187.948 – 186.065 – 186.413 – 186.285 —
187.41200 – 183.75600 —
60.366541326643 – 22.163367252972 —
– —
187.105 – 1777305600

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