USD/JPY – 1H – SELL

The pair US Dollar/Japanese Yen (USD/JPY) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 143.64800 is expected.

Caution: A possible change in the direction of resistance at 145.10900 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

145.10900 – 144.75000 – 145.46400 – 143.64800 – 142.79100 – 143.18200

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