USD/JPY – 30M – BUY

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 158.514792 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 158.899 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

157.975 – 158.899 – 158.087 – 157.397 – 157.271 – 157.53 —
158.08600 – 158.18400 —
62.054001445502 – 55.102628752274 —
– —
157.975 – 1773156600

Trading Signals: FOREX – USD – USD/JPY – JPY – Three Outside Up – – – – – – – – –