USD/JPY – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 154.506 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 155.226 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

155.226 – 155.539 – 155.753 – 154.506 – 155.016 – 155.01 —
155.08500 – 155.02600 —
53.916728251382 – 44.949814644912 —
– —
155.22600 – 1764900000

Trading Signals: FOREX – USD – USD/JPY – JPY – Three Outside Down – – – – – – – – –