AUD/JPY – 30M – SELL

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

A descent down to the next support level at 113.839 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 114.224 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

114.224 – 114.293 – 114.149 – 113.839 – 113.799 – 113.687 —
114.06100 – 114.25100 —
51.588778967309 – 61.931931977653 —
– —
114.224 – 1776855600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two Crows – – – – – – – – –