USD/JPY – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at will continue.

Caution: A possible reversal of the trend in the direction of resistance at 159.151 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles show ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

159.151 – 159.059 – 158.933 – 158.75100 – 158.643 – 158.733 —
159.03000 – 158.99800 —
41.629580679023 – 50.483212896602 —
158.75100 – 1776279600 —
159.151 – 1776265200

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