AUD/JPY – 1H – BUY

Then a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 102.483 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 102.357 could happen.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle pattern is detected. The chart shows ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

102.357 – 102.303 – 101.503 – 101.506 – 101.836 – 101.633 —
101.73900 – 101.98000 —
45.441984073662 – 56.757398013514 —
– —
102.35700 – 1764349200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –