USD/JPY – 30M – BUYBesides a ‘Bullish Tri-Star’ candle pattern is detected. The candles form ‘Bullish Tri-Star’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 158.06800 |
| 2nd High | 157.95900 |
| Next High | 157.66500 |
| Current Price | 157.61000 |
| Next Low | 156.23700 |
| 2nd Low | 156.01700 |
| 3rd Low | 155.94900 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Bullish Tri-Star