AUD/JPY – 30M – SELL

There is also a ‘Double top chart pattern’ chart formation is discovered. The chart shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

There is also a ‘Bearish Engulfing’ candlestick pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

109.726 – 110.067 – 109.856 – 108.983 – 108.873 – 108.85 —
109.56200 – 109.27300 —
47.169844560517 – 34.62680048774 —
– —
109.726 – 1771846200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Engulfing – Double top chart pattern – – – – – – – –