AUD/JPY – 4H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline down.

A bearish trend down to the next support at 104.718 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 105.928 is also possible.
Consider stop-loss settings accordingly.

Then a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.

Then a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

105.928 – 105.273 – 104.39 – 104.718 – 104.347 – 102.313 —
105.77600 – 106.62700 —
63.373604309188 – 78.212846798909 —
– —
105.92800 – 1767758400

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –