USD/JPY – 4H – SELL

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

A continuation of the downtrend downwards to the next support at 159.538 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 160.593 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

160.593 – 160.39 – 160.083 – 159.538 – 159.368 – 159.096 —
160.39000 – 160.44200 —
55.473796864325 – 53.58255169492 —
– —
160.593 – 1781179200

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