USD/JPY – 1H – BUYThere is also a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar tendiert eventuell nach oben.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 156.7035 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 157.295 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 157.891 |
| 2nd High | 157.76 |
| Next High | 157.295 |
| Current Price | 156.52200 |
| Next Low | 156.16 |
| 2nd Low | 156.112 |
| 3rd Low | 155.743 |
157.295 – 156.998 – 156.992 – 156.16 – 156.112 – 156.559 —
156.70100 – 156.38900 —
55.638383831512 – 38.285325305077 —
– —
157.29500 – 1767592800
Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – Double top retreat up – – – – – – – –