USD/JPY – 30M – BUY

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 158.514792 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 158.899 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency 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%.

157.975 – 158.899 – 158.087 – 157.397 – 157.271 – 157.53 —
157.98100 – 158.08300 —
54.40768370396 – 63.040061955178 —
– —
157.975 – 1773156600

Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – – – – – – – – –