AUD/JPY – 30M – BUYAnd also a ‘Below The Stomach’ candle chart pattern is detected. The candles form ‘Below The Stomach’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 98.73100 |
| 2nd High | 98.03200 |
| Next High | 97.85000 |
| Current Price | 97.75700 |
| Next Low | 97.49000 |
| 2nd Low | 97.04900 |
| 3rd Low | 96.92900 |
Trading Signals: FOREX – AUD – AUD/JPY – JPY – Below The Stomach