AUD/JPY – 30M – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline down.

A descending movement down to the next support at 105.228 is expected.

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

Furthermore a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

105.361 – 105.248 – 105.072 – 105.228 – 104.973 – 104.558 —
105.59400 – 105.88900 —
63.189048252928 – 69.43790851093 —
– —
105.36100 – 1767688200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – – – – – – – – –