AUD/JPY – 1H – BUY

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 113.84682 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 114.305 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘Three White Soldiers’ candle chart pattern is found. 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 chance of ‘Three White Soldiers’ heading up is 82%.

114.305 – 113.322 – 113.237 – 112.366 – 112.189 – 112.288 —
113.23600 – 113.24100 —
49.92455422065 – 51.398359013928 —
– —
114.305 – 1778047200

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