Sell USD/JPY – 1H – SELL

In addition a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. which is a bearish pattern 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

In addition a ‘Double top chart pattern’ chart layout is existing. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to go down.

Support & Resistance Price Range*
3rd High 145.50900
2nd High 144.40300
Next High 144.32700
Current Price 142.51800
Next Low 142.35100
2nd Low 141.96400
3rd Low 139.88400

144.32700 – 144.40300 – 145.50900 – 142.79900 – 143.45500 – 144.08700

Download USD/JPY Signal Image

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