AUD/JPY – 1H – SELL

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

A descent down to the next support line at 113.709 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 114.257 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

114.257 – 114.251 – 114.293 – 113.709 – 113.679 – 113.65 —
114.50600 – 114.58900 —
69.32074440128 – 71.38350002809 —
– —
114.257 – 1776942000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –