AUD/JPY – 1H – SELL

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline downwards

A bearish trend down to the next support line at 110.258 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 111.469 could occur.
Consider stop-loss settings accordingly.

Next a ‘StochOSC Hidden Bearish Divergence’ indicator layout is discovered. The indicator is ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bearisches chart scenario. Das Paar wird voraussichtlich nach unten gehen.

Next a ‘Three Outside Down’ chart pattern is discovered. The chart forms ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

111.469 – 110.433 – 110.067 – 110.258 – 108.8 – 108.983 —
110.80700 – 111.22200 —
39.182241279794 – 61.052922850286 —
– —
111.469 – 1772053200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Down – Double bottom retreat down – – – – – – – –