USD/JPY – 30M – SELL

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 158.846 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 159.493 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency 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%.

159.493 – 159.452 – 159.354 – 158.846 – 159.25 – 159.003 —
159.21600 – 159.15100 —
41.1590576903 – 41.241183641325 —
– —
159.493 – 1773738000

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