USD/JPY: "Gravestone Doji" as a sign of bulls weakness
The market has been falling down since a “Shooting Star” formed at the last high. Moreover, we’ve got the second “Shooting Star” at the local maximum, but it hasn’t been confirmed yet. As we can see on the Daily chart, here isn’t any reversal pattern so far, which makes possible further bearish steps.
We’ve got a “Gravestone Doji”, so the price found a lodgement under the nearest “Window”. Therefore, bears are likely going to move on until any bullish pattern forms.