USD/JPY – 30M – SELL

The pair US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline down.

A continuation of the downward movement down to the next support line at is considered certain.

Caution: A possible change in the direction of resistance at 160.372 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

160.372 – 160.593 – 160.585 – 159.95 – 159.538 – 160.421 —
160.16200 – 160.28900 —
43.329347023851 – 53.692361350388 —
– —
160.372 – 1781260200

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