AUD/JPY – 30M – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance at 109.638 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 108.369 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ” indicator layout is existing. The indicator shows ”. this is usually a bullish signal. The currency pair could go up.

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Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

109.2 – 108.675 – 108.723 – 108.369 – 107.842 – 107.849 —
109.02600 – 109.14200 —
58.821404637317 – 57.784696112263 —
– —
109.2 – 1771443000

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