Sell AUD/JPY – 1H – SELL

The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the ascending trendline downwards

The bearish trend down to the next support level at 95.79700 will persist.

Caution: A possible change in the direction of the resistance zone at 98.72700 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative 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%.

Support & Resistance Price Range*
3rd High 101.02600
2nd High 98.74700
Next High 98.72700
Current Price 97.67900
Next Low 95.79700
2nd Low 95.61100
3rd Low 95.51400

Download AUD/JPY Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals