AUD/JPY – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Australian Dollar/Japanese Yen (AUD/JPY) jumps from the bullish trendline down.

The bearish trend downwards to the next support line at 95.51500 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 96.49300 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

96.49300 – 95.36500 – 94.63700 – 95.51500 – 94.58200 – 94.56400 — 45.527718892021 – 39.374967799905 — 18.86251393978 – 0 – 39.267596475271 – 18.396085227941

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – –