Buy USD/JPY – 30M – BUY

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 150.704 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 150.52800 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. 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%.

Support & Resistance Price Range*
3rd High 154.21600
2nd High 151.94800
Next High 150.52800
Current Price 150.38300
Next Low 149.46000
2nd Low 149.08300
3rd Low 148.86600

Download USD/JPY Signal Image

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