AUD/JPY – 30M – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 96.79500 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish SBS White Lines’ candle pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

Download AUD/JPY Signal Image

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish SBS White Lines