USD/JPY – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

161.736 – 161.924 – 161.34 – 161.268 – 161.076 – 161.201 —
161.61100 – 161.58300 —
55.564805880895 – 50.988145290359 —
– —
161.736 – 1782205200

Trading Signals: FOREX – USD – USD/JPY – JPY – Three Outside Up – – – – – – – – –