EUR/JPY – 4H – BUY

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

A bullish trend up to the next resistance line at 185.568 is likely expected.

Caution: A possible change in the direction of the support zone at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. 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%.

185.568 – 186.201 – 186.2 – 183.986 – 185.118 – 184.891 —
185.47700 – 185.38300 —
49.941260242689 – 52.009750921506 —
– —
185.568 – 1781107200

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