USD/JPY – 30M – SELLMoreover a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles form ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 157.92300 |
| Current Price | 157.15800 |
| Next Low | 156.46100 |
| 2nd Low | 155.94900 |
| 3rd Low | 153.33100 |
Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish SBS White Lines