USD/JPY: 'Shooting Star' pattern

USD/JPY: 'Shooting Star' pattern

2604usdjpyH4 (2).png

There's a bearish 'Doji', so the market is likely going to test the lower 'Window'. A pullback from this level could be a starting point for an upward price movement towards the upper 'Window'.

2604usdjpyH1 (2).png

The last 'Shooting Star' pattern points to an opportunity to have a downward correction. So, we should keep on track the 55 Moving Average as an intraday bearish target.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera