AUD/JPY – 30M – BUY

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

93.54400 – 92.80900 – 92.76300 – 92.46400 – 92.21400 – 92.60500

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Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji