USD/JPY – 1H – BUY

Next a ‘Double top retreat up’ chart pattern is detected. The chart forms ‘Double top retreat up’. which is a bullish pattern signal. The currency pair is likely to rise.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

157.295 – 156.998 – 156.992 – 156.559 – 156.514 – 155.743 —
156.85100 – 156.41400 —
45.628453381091 – 40.567688560932 —
– —
157.29500 – 1767592800

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – Double top retreat up – – – – – – – –