Sell USD/JPY – 30M – SELL

In addition a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

Support & Resistance Price Range*
3rd High 154.48600
2nd High 154.47600
Next High 154.34100
Current Price 154.13200
Next Low 154.00500
2nd Low 153.43900
3rd Low 153.32100

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