APosner
Short

USD/JPY reverse with a "bearish evening star"

FX:USDJPY   U.S. Dollar / Japanese Yen
264 2 7
The USD/JPY             rally has ended with this reversal pattern. The"bearish evening star" reversal pattern requires a bullish rally followed by a small spinning top candlestick and a sell-off. The pattern works best when the sell-off penetrates the majority of the bullish candlestick where the pattern began.

In this situation, price is now below the opening price of the first candle in the pattern making this an excellent example of a "bearish evening star".

Follow me on Twitter: @sealionllc.com

Receive my trading signals for free

Website: http://www.sealionllc.com
Hi...I am following UJ and was waiting for any trend changing signal and agree with your analysisa nd thanks for sharing it....do you have a target in mind ? 107 ? 102 ? Look forward to your insights...Thanks....Regards
Reply
@sk12722, My current target is 107. Doesn't mean it will reach there but that is my target. You can all my trades for free including stops and targets by following me on Twitter. Use the Receive My Signals for Free link above!
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out