USD/JPY – 30M – BUY

The pair US Dollar/Japanese Yen (USD/JPY) moves from the bearish trendline up.

A bullish movement up to the next resistance at 159.828 is expected.

Caution: A possible trend reversal in the direction of the support level at 159.438 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Next a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

159.828 – 159.809 – 159.711 – 159.438 – 159.482 – 159.425 —
159.65300 – 159.46100 —
49.384467683072 – 43.044444899682 —
– —
159.828 – 1775440800

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