Buy USD/JPY – 30M – BUY

Then a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

Then a indicator layout is found. The indicator is ”. which is often a bullish chart signal. The currency pair could go up.

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Then a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 155.753
2nd High 155.539
Next High 155.226
Current Price 154.41600
Next Low 154.413
2nd Low 153.615
3rd Low 153.005

155.226 – 155.539 – 155.753 – 154.506 – 155.016 – 155.01 —
155.08900 – 154.69700 —
52.323069207523 – 32.722214448894 —
– —
155.22600 – 1764900000

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