USD/JPY – 30M – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 158.846 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 159.743 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

159.743 – 159.68 – 159.428 – 158.84600 – 159.25 – 159.003 —
158.98600 – 159.30000 —
32.331735550695 – 50.944124467504 —
158.84600 – 1773680400 —
159.743 – 1773444600

Trading Signals: FOREX – USD – USD/JPY – JPY – Two Crows – – – – – – – – –