USD/JPY – 1H – SELL

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

157.295 – 156.998 – 156.992 – 156.112 – 156.559 – 156.514 —
156.43700 – 156.53200 —
42.70934507631 – 47.632579947885 —
– —
157.29500 – 1767592800

Trading Signals: FOREX – USD – USD/JPY – JPY – Northern Doji – Double top retreat up – – – – – – – –