AUD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support line at 113.346 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 114.22 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

114.22 – 114.247 – 114.909 – 113.642 – 113.825 – 114.203 —
114.21300 – 113.48400 —
56.284931170061 – 30.644399179833 —
– —
114.22 – 1780666200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – – – – – – – – –