AUD/JPY – 1H – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

113.209 – 113.077 – 112.987 – 111.158 – 112.183 – 111.48 —
112.05100 – 112.35000 —
51.938108665445 – 58.973619339159 —
– —
113.209 – 1773806400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Down – – – – – – – – –