AUD/JPY – 4H – BUY

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

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 102.483 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 102.483 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

102.483 – 101.819 – 101.136 – 100.353 – 100.138 – 100.22 —
101.26400 – 101.71800 —
44.323003736493 – 59.666430213747 —
– —
102.48300 – 1763654400

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