EUR/JPY – 30M – BUY

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

A bullish trend up to the next resistance line at 185.035 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 183.487 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘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 success rate of a ‘Three White Soldiers’ heading up is 82%.

184.163 – 183.882 – 183.9 – 183.487 – 182.039 – 184.508 —
184.09000 – 184.15900 —
57.726281036331 – 59.573788336929 —
– —
184.163 – 1778158800

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –