USD/JPY – 1H – BUY

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 160.0655 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 160.372 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish SBS White Lines’ candlestick chart pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

160.372 – 160.593 – 160.567 – 159.538 – 160.421 – 160.049 —
160.28900 – 160.13100 —
49.663314558111 – 28.413534929502 —
– —
160.372 – 1781258400

Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish SBS White Lines – – – – – – – – –