USD/JPY – 30M – SELL

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. 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).

158.899 – 158.087 – 157.899 – 157.386 – 157.375 – 156.898 —
157.91700 – 157.95200 —
32.428278231282 – 42.178388763081 —
– —
158.899 – 1773037800

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