USD/JPY – 30M – SELL

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

The bearish trend down to the next support level at 159.368 will continue.

Caution: A possible change in the direction of the resistance line at 159.995 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Tweezers Top’ candle pattern is detected. The chart forms ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

159.995 – 159.993 – 159.984 – 159.368 – 159.813 – 159.652 —
159.83200 – 159.98000 —
47.138122987816 – 60.388295145972 —
– —
159.995 – 1780480800

Trading Signals: FOREX – USD – USD/JPY – JPY – Tweezers Top – – – – – – – – –