AUD/JPY – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 113.903432 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 113.237 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

113.237 – 114.438 – 114.542 – 111.93300 – 111.315 – 113.919 —
113.12200 – 112.88300 —
31.407905189099 – 48.936311177858 —
111.93300 – 1777626000 —
113.237 – 1777604400

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