AUD/JPY – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 109.076 will persist.

Caution: A possible change in the direction of the resistance line at 109.955 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Bearish Engulfing’ candle pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

109.955 – 110.184 – 109.547 – 109.076 – 109.181 – 108.822 —
109.29200 – 109.70100 —
35.704533167481 – 51.628442701298 —
– —
109.955 – 1770258600

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Bearish Engulfing – Symmetrical Triangle Chart Pattern – – – – – – – –