AUD/JPY – 1H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline down.

A bearish movement downwards to the next support at 104.558 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 105.089 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.

Then a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

105.089 – 105.273 – 104.835 – 104.558 – 104.617 – 104.458 —
105.59900 – 105.55100 —
61.57819314456 – 51.377291302796 —
– —
105.08900 – 1767582000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –