AUD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 114.542 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 114.438 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘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 likelyhood of ‘Three White Soldiers’ going up is 82%.

113.322 – 113.237 – 114.438 – 112.189 – 112.288 – 111.933 —
113.43700 – 113.63200 —
68.673937909362 – 71.130394083242 —
– —
113.322 – 1777874400

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