USD/JPY – 30M – BUY

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

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Target of the current trend is 159.683 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of resistance at 159.683 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

159.683 – 159.636 – 159.253 – 159.291 – 159.111 – 159.1 —
159.50600 – 159.60100 —
56.440241650908 – 56.547659654597 —
– —
159.683 – 1776913200

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