USD/JPY – 30M – SELL

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

A descending movement down to the next support at 155.611 is likely expected.

Caution: A possible change in the direction of the resistance level at 157.934 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

157.934 – 157.836 – 157.299 – 155.611 – 155.036 – 157.541 —
156.29400 – 156.48500 —
45.390508117723 – 50.683263159532 —
– —
157.934 – 1778029200

Trading Signals: FOREX – USD – USD/JPY – JPY – Three Black Crows – – – – – – – – –