USD/JPY – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The pair US Dollar/Japanese Yen (USD/JPY) goes from the ascending trendline down.

A bearish movement downwards to the next support line at 159.466 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 159.927 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

159.927 – 159.8 – 159.707 – 159.466 – 159.569 – 159.303 —
159.83400 – 159.96100 —
56.097375380845 – 63.433981907366 —
– —
159.927 – 1775538000

Trading Signals: FOREX – USD – USD/JPY – JPY – Two Crows – Rising Wedge Chart Pattern – – – – – – – –