AUD/JPY – 1H – SELL

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

A bearish trend down to the next support level at 101.633 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 102.357 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Hanging Man’ candlestick pattern is detected. The candles show ‘Hanging Man’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Hanging Man’ going down is 59% (Bull Market) & 59% (Bear Market).

102.357 – 102.303 – 101.503 – 101.836 – 101.633 – 100.342 —
102.28800 – 101.78500 —
61.844487036611 – 37.163012769752 —
– —
102.35700 – 1764349200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Hanging Man – Double top retreat up – – – – – – – –