AUD/JPY – 1H – BUY

Next a ‘Double bottom chart pattern’ chart formation is existing. The chart picture forms ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.

Next a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

94.74700 – 94.55800 – 94.68000 – 93.94200 – 93.85700 – 93.84100

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bullish Belt Hold