USD/JPY – 30M – SELLAdditionally a ‘Three Line Strike – Bearish’ chart pattern is detected. The chart forms ‘Three Line Strike – Bearish’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 157.92300 |
| Next High | 156.68800 |
| Current Price | 156.57000 |
| Next Low | 155.94900 |
| 2nd Low | 153.33100 |
| 3rd Low | 153.15600 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Three Line Strike – Bearish