USD/JPY – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at 155.728 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 155.047 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

155.728 – 155.373 – 155.302 – 155.047 – 154.813 – 154.413 —
155.55800 – 155.57500 —
58.298718195218 – 49.632229199636 —
– —
155.72800 – 1763496000

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