AUD/JPY – 30M – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 98.243 will continue.

Caution: A possible counter-trend in the direction of the support line at 97.424 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

97.425 – 97.328 – 96.996 – 97.424 – 96.81 – 95.76 — 62.921733414073 – 65.936906766278 — 34.955238908223 – 49.972639919452 – 33.663564638177 – 36.083052265309

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Double bottom retreat down – –