AUD/JPY – 30M – SELL

Additionally a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 102.283354 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 102.495 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Tweezers Top’ candle chart pattern is discovered. The candles form ‘Tweezers Top’. 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 chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

102.495 – 101.833 – 101.884 – 102.013 – 101.594 – 101.506 —
102.34400 – 102.50500 —
54.698005873354 – 62.818394980864 —
– —
102.49500 – 1764691200

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top – – – – – – – – –