Buy AUD/JPY – 30M – BUY

Next a ‘Double top retreat up’ chart layout is discovered. The chart forms ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.

Next a ‘%K cross above 0.2’ indicator layout is detected. The indicator is ‘%K cross above 0.2’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Next a ‘Three Line Strike – Bullish’ chart pattern is found. The candles form ‘Three Line Strike – Bullish’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 105.273
Next High 105.089
Current Price 104.71500
Next Low 104.617
2nd Low 104.459
3rd Low 104.458

105.089 – 105.273 – 104.835 – 104.617 – 104.459 – 104.458 —
104.75800 – 104.67400 —
37.881383537065 – 35.13391960792 —
– —
105.08900 – 1767583800

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