USD/JPY – 30M – BUY

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 158.514792 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 158.391 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which 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 chance of ‘Three White Soldiers’ heading up is 82%.

158.391 – 157.975 – 158.899 – 157.397 – 157.271 – 157.53 —
158.30600 – 158.01800 —
61.829077978802 – 46.095175918723 —
– —
158.391 – 1773207000

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