USD/JPY – 4H – BUY

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

A continuation of the bullish trend up to the next resistance level at 159.452 will persist.

Caution: A possible counter-trend in the direction of support at 157.271 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

And also a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

158.899 – 157.965 – 156.818 – 157.271 – 156.449 – 155.534 —
158.44100 – 158.93200 —
60.511093674001 – 63.528213013873 —
– —
158.899 – 1773028800

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