USD/JPY – 1H – BUY

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.

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

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 156.928728 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 157.29500 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

157.29500 – 156.998 – 156.992 – 156.559 – 156.514 – 155.743 —
157.29500 – 156.65900 —
65.005369503391 – 40.342388978293 —
157.29500 – 1767592800 —
– 1767592800

Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – – – – – – – – –