AUD/JPY – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 95.514 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 97.79400 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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