USD/JPY – 30M – SELL

The combination US Dollar/Japanese Yen (USD/JPY) goes from the bullish trendline downwards

The bearish trend downwards to the next support level at 154.813 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 155.373 could occur.
Consider stop-loss settings accordingly.

Besides a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Inside Down’ candle chart pattern is existing. The candles form ‘Three Inside Down’. this is a bearish 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 Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

155.373 – 155.302 – 154.74 – 154.813 – 154.413 – 153.615 —
155.42300 – 155.29500 —
66.39684559112 – 54.81934819265 —
– —
155.37300 – 1763431200

Trading Signals: FOREX – USD – USD/JPY – JPY – Three Inside Down – – – – –