AUD/JPY – 30M – SELL

Then a ‘Double top chart pattern’ chart layout is found. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

The bearish trend down to the next support at is likely expected.

Caution: A possible change in the direction of the resistance zone at 96.19500 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

96.19500 – 96.16200 – 95.87600 – 95.86600 – 95.74100 – 95.51600 — 45.141526075857 – 38.858599687169 — 29.236997819994 – 15.598463614658 – 55.637911346413 – 34.068998927299

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Double top chart pattern – –