USD/JPY – 30M – BUY

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

The bullish trend upwards to the next resistance level at 159.151 will persist.

Caution: A possible change in the direction of the support level at 158.643 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘RSI Bullish Divergence’ indicator signal is detected. The indicator shows ‘RSI Bullish Divergence’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency 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%.

159.151 – 159.059 – 158.933 – 158.751 – 158.643 – 158.733 —
158.75300 – 158.73900 —
37.769048558164 – 44.176106230141 —
– —
159.151 – 1776265200

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