AUD/JPY – 30M – SELL

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

The bearish trend down to the next support line at 106.294 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

107.198 – 106.782 – 106.585 – 106.294 – 105.973 – 105.908 —
108.02100 – 108.06100 —
81.805008253591 – 69.638484632224 —
– —
107.19800 – 1769016600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –