AUD/JPY – 30M – SELL

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

A bearish trend downwards to the next support line at is expected.

Caution: A possible trend reversal in the direction of resistance at 96.06900 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

96.06900 – 96.49300 – 95.36500 – 95.58000 – 95.51500 – 94.58200 — 38.288799218499 – 36.221243864015 — 61.627272611934 – 39.84634973535 – 77.753992254876 – 60.513114180551

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