USD/JPY – 4H – BUY

The combination US Dollar/Japanese Yen (USD/JPY) moves from the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 159.895 is certain.

Caution: A possible change in the direction of the support level at 157.271 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish 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 ‘Three White Soldiers’ going up is 82%.

159.895 – 159.743 – 158.899 – 157.271 – 156.449 – 155.534 —
159.80300 – 158.89800 —
49.726520539378 – 47.972118362126 —
– —
159.895 – 1773864000

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