AUD/JPY – 30M – BUY

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance line at 111.222 will persist.

Caution: A possible trend reversal in the direction of the support level at 110.501 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

111.222 – 111.058 – 111.298 – 110.501 – 110.258 – 110.912 —
110.90000 – 111.01600 —
41.081625197485 – 53.429360574639 —
– —
111.222 – 1772184600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –