USD/JPY – 30M – BUY

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 160.206908 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 160.459 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

160.459 – 159.975 – 159.844 – 159.324 – 159.698 – 159.45 —
159.70400 – 159.86500 —
55.717975065288 – 63.321339361164 —
– —
160.459 – 1774834200

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – – – – – –