EUR/JPY – 1H – BUY

The combination Euro/Japanese Yen (EUR/JPY) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance level at 184.402 will persist.

Caution: A possible counter-trend in the direction of the support level at 183.16 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

184.402 – 184.583 – 187.554 – 183.16 – 182.637 – 182.282 —
183.77800 – 184.30500 —
46.951441040777 – 62.186235368569 —
– —
184.402 – 1777874400

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