Sell USD/JPY – 30M – SELL

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 148.27600
2nd High 147.14000
Next High 145.92000
Current Price 144.19300
Next Low 142.50600
2nd Low 142.16000
3rd Low 141.96400

145.92000 – 145.73100 – 144.74000 – 145.23700 – 142.50600 – 142.16000

Download USD/JPY Signal Image

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