USD/JPY – 30M – BUY

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

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

156.429 – 156.172 – 156.818 – 155.828 – 155.698 – 156.238 —
155.98500 – 155.77000 —
46.191286231814 – 42.936829469756 —
– —
156.429 – 1772137800

Trading Signals: FOREX – USD – USD/JPY – JPY – Three White Soldiers – Double top retreat up – – – – – – – –