USD/JPY – 1H – SELL

The pair US Dollar/Japanese Yen (USD/JPY) jumps from the bullish trendline down.

A bearish movement down to the next support at 155.302 is certain.

Caution: A possible trend reversal in the direction of resistance at 155.784 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

155.784 – 155.509 – 153.534 – 155.302 – 152.677 – 152.093 —
155.47000 – 155.95600 —
57.719669447541 – 67.991372068936 —
– —
155.784 – 1770066000

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – – – – – – – – –