USD/JPY – 30M – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

157.295 – 156.998 – 156.992 – 156.112 – 156.696 – 156.514 —
156.41000 – 156.79100 —
42.61358017216 – 50.207299832104 —
– —
157.29500 – 1767594600

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – – – – – –