EUR/JPY – 30M – BUY

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

A bullish trend upwards to the next resistance line at 184.439 will persist.

Caution: A possible change in the direction of the support level at 183.749 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

184.439 – 185.084 – 185.859 – 183.749 – 184.849 – 185.442 —
184.17700 – 184.22300 —
41.826549832009 – 47.701295568618 —
– —
184.439 – 1783008000

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