AUD/JPY – 1H – BUY

The pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 113.322 is likely expected.

Caution: A possible change in the direction of the support level at 112.288 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses above signal’ indicator layout is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘RSI Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

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

Then a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The 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%.

113.322 – 113.237 – 114.438 – 112.288 – 111.933 – 111.315 —
112.70000 – 112.41500 —
45.684531795466 – 36.636752493864 —
– —
113.322 – 1777874400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –