Buy USD/JPY – 30M – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘RSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Three Inside Up’ candle pattern is existing. The candles form ‘Three Inside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 161.807
Next High 161.456
Current Price 161.30300
Next Low
2nd Low
3rd Low

161.456 – 161.807 – 160.793 – 160.983 – 160.473 – 160.113 —
161.30500 – 161.29100 —
51.786564547239 – 42.000829628948 —
– —
161.456 – 1781856000

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