USD/JPY – 30M – SELL

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

A descending movement downwards to the next support line at 155.534 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 156.429 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bearish Divergence’. chart signal.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

156.429 – 156.172 – 156.818 – 155.534 – 155.828 – 155.698 —
155.83000 – 156.23100 —
46.034735437092 – 60.022748412645 —
– —
156.429 – 1772137800

Trading Signals: FOREX – USD – USD/JPY – JPY – Two Crows – – – – – – – – –