USD/JPY – 1H – BUY

The pair US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at will persist.

Caution: A possible change in the direction of the support level at 160.113 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

160.793 – 160.479 – 160.39 – 160.113 – 160.044 – 159.731 —
160.66200 – 160.80200 —
57.272990772254 – 65.595104182663 —
– —
160.793 – 1781733600

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – – – – – –