Buy USD/JPY – 30M – BUY

Next a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles show ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High 157.92300
Next High 157.26700
Current Price 157.13100
Next Low 156.46100
2nd Low 155.94900
3rd Low 153.33100

Download USD/JPY Signal Image

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