AUD/JPY – 4H – BUY

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 109.77799 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 110.787 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

110.787 – 110.184 – 108.996 – 107.678 – 108.041 – 106.519 —
108.80700 – 108.25600 —
49.335261879847 – 39.288942534531 —
– —
110.787 – 1770595200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Up – Double bottom chart pattern – – – – – – – –