AUD/JPY – 30M – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline down.

The bearish trend down to the next support line at 113.709 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 114.542 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

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

114.542 – 114.703 – 114.668 – 113.919 – 114.199 – 114.074 —
114.33800 – 113.91200 —
55.623597181266 – 36.193226287314 —
– —
114.542 – 1777474800

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