AUD/JPY – 30M – SELL

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

The bearish trend down to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 105.928 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Three Inside Down’ candle chart pattern is discovered. The chart forms ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

105.928 – 105.361 – 105.248 – 105.228 – 104.973 – 104.558 —
105.46300 – 105.47000 —
44.096762146195 – 47.491041554402 —
– —
105.92800 – 1767765600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Inside Down – Double bottom chart pattern – – – – – – – –