AUD/JPY – 1H – SELL

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

A bearish trend down to the next support level at 106.853 is certain.

Caution: A possible change in the direction of resistance at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI Bearish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Bearish Divergence’. Dieses ist oftmals ein bearisches chart signal. Das Paar wird voraussichtlich nach unten gehen.

Next a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

109.547 – 108.579 – 108.566 – 106.853 – 107.291 – 106.519 —
109.96600 – 110.17500 —
69.970012542573 – 66.785545188252 —
– —
109.547 – 1770109200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Double bottom retreat down – – – – – – – –