Buy USD/JPY – 30M – BUY

The pair US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 146.28300 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 144.82100 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 148.27600
2nd High 147.14000
Next High 146.28300
Current Price 147.57500
Next Low 144.82100
2nd Low 144.43100
3rd Low 143.44100

146.28300 – 146.18500 – 143.99700 – 144.82100 – 144.43100 – 143.44100

Download USD/JPY Signal Image

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