AUD/JPY – 4H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 113.65000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 114.293 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

114.293 – 114.369 – 112.369 – 113.65000 – 113.065 – 111.518 —
114.09700 – 114.13600 —
47.274563103126 – 56.588052443874 —
113.65000 – 1776974400 —
114.293 – 1776787200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Two Crows – Symmetrical Triangle Chart Pattern – – – – – – – –