AUD/JPY – 4H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the ascending trendline downwards

The bearish trend down to the next support level at 100.22 is expected.

Caution: A possible change in the direction of the resistance zone at 101.819 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.

101.819 – 101.136 – 101.205 – 100.22 – 98.818 – 96.851 —
101.14800 – 101.42800 —
52.723335936795 – 56.207675587679 —
– —
101.81900 – 1763020800

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