USD/JPY – 30M – SELL

Besides a ‘Inverse Head and Shoulder chart pattern’ chart formation is discovered. The chart forms ‘Inverse Head and Shoulder chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

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

A continuation of the downtrend downwards to the next support level at is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 145.28700 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

145.28700 – 144.77000 – 144.94500 – 144.42200 – 144.39900 – 143.97200

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