USD/JPY – 30M – BUY

The combination US Dollar/Japanese Yen (USD/JPY) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 157.295 is expected.

Caution: A possible change in the direction of the support level at 156.452 could happen.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

157.069 – 156.953 – 156.798 – 156.452 – 156.361 – 156.293 —
156.98900 – 157.05500 —
53.455117326239 – 60.627476382122 —
– —
157.06900 – 1767888000

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – – – – – –