USD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 158.1375 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 160.721 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. which is a positive 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’ heading up is 82%.

160.721 – 159.786 – 159.84 – 155.554 – 158.955 – 159.091 —
156.83000 – 156.74400 —
21.021642871112 – 26.106501751312 —
– —
160.721 – 1777539600

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