USD/JPY – 30M – BUY

In addition a ‘Head and Shoulder chart pattern’ chart layout is found. The chart picture forms ‘Head and Shoulder chart pattern’. which is a bearish signal. The pair is likely to go down.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Bearish Harami’ candle chart pattern is found. The candles form ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

153.534 – 154.042 – 153.064 – 152.763 – 152.277 – 152.093 —
153.33500 – 152.98200 —
49.559580157384 – 41.83709342161 —
– —
153.53400 – 1769691600

Trading Signals: FOREX – USD – USD/JPY – JPY – Bearish Harami – Head and Shoulder chart pattern – – – – – – – –