USD/JPY – 4H – BUY

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

An ascent up to the next resistance line at 159.84 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

159.84 – 159.528 – 159.856 – 157.591 – 157.884 – 158.271 —
159.65000 – 159.46100 —
48.702011409297 – 51.489102016172 —
– —
159.84 – 1776974400

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