AUD/JPY – 1H – BUY

Furthermore a ‘Double top retreat up’ chart pattern is discovered. The formation shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to go up.

Furthermore a ‘%K cross above 0.2’ indicator layout is discovered. The indicator is ‘%K cross above 0.2’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Latter Bottom’ chart pattern is existing. The chart forms ‘Latter Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

105.089 – 105.273 – 104.835 – 104.617 – 104.458 – 104.429 —
104.95200 – 104.72500 —
51.609938014858 – 41.079212766664 —
– —
105.08900 – 1767582000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Latter Bottom – Double top retreat up – – – – – – – –