AUD/JPY – 30M – SELL

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

A bearish movement down to the next support at 99.915 is considered certain.

Caution: A possible change in the direction of the resistance line at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Falling Window’ candlestick pattern is discovered. The candles show ‘Falling Window’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

100.201 – 99.673 – 99.356 – 99.915 – 99.154 – 98.886 —
66.138271198519 – 56.02671184715 —
55.694086175599 – 37.489251934652 – 57.693014792138 – 51.4027190022

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Falling Window – Double bottom retreat down – –