USD/JPY – 30M – SELL

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

A bearish trend downwards to the next support at 155.495 will persist.

Caution: A possible change in the direction of the resistance zone at 157.245 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

In addition a ‘Tweezers Top’ candle pattern is existing. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

157.201 – 157.245 – 157.116 – 155.495 – 156.302 – 155.554 —
157.15500 – 157.25800 —
53.941112002164 – 58.952726100797 —
– —
157.201 – 1777899600

Trading Signals: FOREX – USD – USD/JPY – JPY – Tweezers Top – – – – – – – – –