USD/JPY – 30M – SELL

The combination US Dollar/Japanese Yen (USD/JPY) jumps from the descending trendline downwards

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

Caution: A possible trend reversal in the direction of the resistance zone at 143.30900 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

143.30900 – 144.27200 – 144.23100 – 142.35400 – 142.35100 – 143.55400

Download USD/JPY Signal Image

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