FBS - Analytics

    FBS

    553.25 6.25/10
    88% of positive reviews
    Real

    USD/JPY: candlestick analysis

    USD/JPY: candlestick analysis

    A reversal “Tower” pattern has been formed at the last maximum, which was a start for the downward correction. There’s a “Harami” pattern, but it doesn't have enough confirmation. It’s likely that we’ll see an ending of the bearish movement and the reversal afterwards.

    USD/JPY: candlestick analysis

    Here’s a couple of “Three Methods”, but the price movement is getting slow down at a support line. It’s likely that the current flat will go on towards the 89 Moving Average line. Also, we should keep in mind, that the main trend is still bearish.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree