AUD/JPY – 30M – SELL

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

The bearish trend down to the next support at 104.973 is expected.

Caution: A possible trend reversal in the direction of resistance at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ” indicator signal is found. The indicator shows ”. which is often a bearish signal. The currency pair is likely to fall.

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Moreover a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

105.361 – 105.248 – 105.072 – 104.973 – 104.558 – 104.617 —
105.33300 – 105.56200 —
65.855529943365 – 77.754257827561 —
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105.36100 – 1767688200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – – – – – – – – –