EUR/JPY – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 186.201 will persist.

Caution: A possible change in the direction of the support level at 185.192 could happen.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish 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’ heading up is 82%.

185.552 – 185.468 – 185.433 – 185.192 – 185.249 – 184.653 —
185.71200 – 185.75500 —
62.667025949554 – 62.262975042293 —
– —
185.552 – 1781256600

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