USD/JPY – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance line at 158.97 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 157.86 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

158.97 – 158.391 – 157.975 – 157.86 – 157.397 – 157.271 —
158.96800 – 158.90300 —
64.535007090892 – 51.814507491843 —
– —
158.97 – 1773261000

Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – – – – – – – – –