Sell USD/JPY – 1H – SELL

Next a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a negative chart scenario. 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 155.02100
2nd High 154.72000
Next High 154.47600
Current Price 153.41400
Next Low 151.79600
2nd Low 151.00000
3rd Low 150.89300

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