EUR/JPY – 4H – SELL

The pair Euro/Japanese Yen (EUR/JPY) moves from the bullish trendline down.

A bearish trend down to the next support line at 159.80200 is certain.

Caution: A possible change in the direction of the resistance zone at 163.79700 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Harami’ candle chart pattern is discovered. The candles show ‘Bearish Harami’. this 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 chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Download EUR/JPY Signal Image

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bearish Harami