USD/JPY – 30M – BUY

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

An ascent up to the next resistance level at 155.226 is certain.

Caution: A possible change in the direction of the support line at 154.506 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency 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).

155.226 – 155.539 – 155.753 – 154.506 – 155.016 – 155.01 —
154.69700 – 154.96400 —
32.722213942051 – 52.33241034357 —
– —
155.22600 – 1764900000

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