USD/JPY: bearish "Shooting Star"

USD/JPY: bearish "Shooting Star"

3011usdjpyH4 (1).png

The upper "Window" has acted as resistance, so there's a bearish "Shooting Star". In this case, we're likely going to have a downward correction towards the closest support level.

3011usdjpyH1 (1).png

There're bearish patterns such a "Shooting Star" and a "Harami", which both have been confirmed. So, the pair is likely going to test the Moving Averages, which could be a departure point for a local upward price movement.

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