AUD/JPY – 4H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline downwards

A bearish descent down to the next support level at 96.306 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 98.759 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

97.425 – 96.195 – 96.493 – 96.306 – 94.397 – 93.96 — 43.114741236134 – 38.907578177103 — 5.2429378531073 – 0 – 8.4608397031129 – 5.1042428270743

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – –