AUD/JPY – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 114.257 is considered certain.

Caution: A possible change in the direction of support at 113.709 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

114.257 – 114.251 – 114.293 – 113.709 – 113.679 – 113.65 —
114.21600 – 114.50600 —
62.980933074535 – 69.320744248312 —
– —
114.257 – 1776942000

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