USD/JPY – 1H – BUY

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 158.108 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 157.326 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

157.326 – 160.721 – 159.786 – 155.495 – 155.554 – 158.955 —
156.77100 – 156.78900 —
41.983817418814 – 46.311551137321 —
– —
157.326 – 1777611600

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