USD/JPY – 30M – SELL

Additionally a ‘Double bottom retreat down’ chart pattern is existing. The chart picture shows ‘Double bottom retreat down’. this is a bearish signal. The pair is likely to go down.

Additionally a ‘Tweezers Top’ chart pattern is discovered. The chart forms ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

143.80000 – 143.93100 – 144.50800 – 143.31800 – 142.67800 – 143.43600

Trading Signals: FOREX – USD – USD/JPY – JPY – Tweezers Top – Double bottom retreat down