USD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 158.876 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 158.876 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Line Strike – Bullish’ candlestick chart pattern is existing. The chart shows ‘Three Line Strike – Bullish’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

158.297 – 158.6 – 158.163 – 157.745 – 157.466 – 157.422 —
158.58600 – 158.76100 —
62.90326648139 – 60.195261630032 —
– —
158.29700 – 1768942800

Trading Signals: FOREX – USD – USD/JPY – JPY – Three Line Strike – Bullish – – – – – – – – –