USD/JPY – 30M – BUY

Next a ‘Double bottom chart pattern’ chart formation is existing. The chart picture forms ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.

Next a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.

Next a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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).

156.798 – 156.962 – 157.891 – 156.495 – 156.197 – 156.553 —
156.77400 – 156.75900 —
58.401915506728 – 51.299544866656 —
– —
156.79800 – 1763951400

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – Double bottom chart pattern – – – – – – – –