AUD/JPY – 30M – BUY

Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 112.7935 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 113.128 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

113.128 – 113.175 – 113.182 – 112.386 – 112.643 – 112.613 —
112.72500 – 112.71500 —
41.177065126944 – 33.678298942945 —
– —
113.128 – 1781020800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish SBS White Lines – – – – – – – – –