AUD/JPY – 30M – SELL

There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 101.101 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 102.483 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Inside Down’ candlestick chart pattern is detected. The candles show ‘Three Inside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

102.483 – 102.235 – 101.683 – 101.29 – 101.3 – 101.748 —
101.47400 – 101.27400 —
43.042225820436 – 43.602192127847 —
– —
102.48300 – 1763656200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Inside Down – Double top chart pattern – – – –