AUD/JPY – 1H – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 108.731 will persist.

Caution: A possible counter-trend in the direction of support at 107.849 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Then a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

108.731 – 108.886 – 109.48 – 107.849 – 107.678 – 107.967 —
108.21900 – 108.19700 —
34.836536507859 – 39.559450509563 —
– —
108.731 – 1771290000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –