Buy AUD/JPY – 4H – BUY

The combination Australian Dollar/Japanese Yen (AUD/JPY) breaks through the ascending trendline upwards

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

Caution: A possible counter-trend in the direction of support at 113.65 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

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

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 114.51600
Next Low 113.65
2nd Low 113.065
3rd Low 111.518

114.293 – 114.369 – 112.369 – 113.65 – 113.065 – 111.518 —
113.99300 – 114.40900 —
46.773297971467 – 63.069999331531 —
– —
114.293 – 1776787200

Trading Signals:

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