USD/JPY – 1H – BUY

The currency pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 156.576 is expected.

Caution: A possible counter-trend in the direction of the support zone at 155.213 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

155.728 – 155.373 – 154.761 – 155.213 – 154.813 – 153.615 —
155.37900 – 156.26100 —
51.69440455208 – 73.668191318597 —
– —
155.72800 – 1763496000

Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – –