USD/JPY – 30M – SELL

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 156.24068 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 157.295 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. 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%.

157.295 – 156.998 – 156.992 – 156.696 – 156.514 – 155.918 —
156.65900 – 156.75100 —
35.201064230462 – 40.206507105766 —
– —
157.29500 – 1767594600

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