USD/JPY – 30M – BUY

There is also a ‘Double bottom chart pattern’ chart layout is discovered. The chart shows ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.

The pair US Dollar/Japanese Yen (USD/JPY) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 156.079 will persist.

Caution: A possible trend reversal in the direction of the support level at 155.523 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. which 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 ‘Three White Soldiers’ going up is 82%.

156.079 – 155.784 – 155.509 – 155.523 – 155.302 – 154.547 —
155.79200 – 155.93400 —
50.534001481074 – 59.424464785745 —
– —
156.079 – 1770134400

Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – Double bottom chart pattern – – – – – – – –