AUD/JPY – 4H – SELL

The pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 95.51400 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 101.55400 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Download AUD/JPY Signal Image

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows