AUD/JPY – 30M – BUY

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 102.556096 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 102.842 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

102.842 – 102.505 – 102.495 – 102.096 – 102.013 – 101.594 —
102.70600 – 102.22700 —
39.009121181784 – 29.712025352436 —
– —
102.84200 – 1764831600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –