USD/JPY – 1H – SELL

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

A continuation of the downtrend downwards to the next support at 159.309 will continue.

Caution: A possible trend reversal in the direction of resistance at 159.84 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘StochRSI Hidden Bearish Divergence’ indicator layout is existing. The indicator is ‘StochRSI Hidden Bearish Divergence’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

159.84 – 159.636 – 159.198 – 159.309 – 159.1 – 158.549 —
159.78900 – 159.65000 —
52.94636880751 – 47.861449329017 —
– —
159.84 – 1776974400

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