USD/JPY – 30M – BUY

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 156.82374 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 156.734 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency 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).

156.734 – 156.371 – 156.981 – 155.651 – 155.8 – 156.554 —
156.73200 – 156.43100 —
60.239570913281 – 51.718895297539 —
– —
156.73400 – 1764172800

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