USD/JPY – 30M – SELL

And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 144.322 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 145.46400 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

145.46400 – 145.24300 – 145.15800 – 144.32200 – 144.65000 – 144.44000

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