AUD/JPY – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart formation is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

Furthermore a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Tweezers Top’ candle pattern is discovered. The candles form ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

104.044 – 103.868 – 103.764 – 103.667 – 103.179 – 103.181 —
103.75400 – 103.67800 —
34.585641118781 – 46.427819806033 —
– —
104.04400 – 1765557000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Tweezers Top – Double top chart pattern – – – – – – – –