Buy AUD/JPY – 1H – BUY

Then a ‘Three Outside Down’ candle pattern is discovered. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 98.74700
2nd High 98.72700
Next High 98.43800
Current Price 98.27700
Next Low 97.90200
2nd Low 97.74000
3rd Low 97.73700

Download AUD/JPY Signal Image

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