AUD/JPY – 1H – SELL

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Shooting Star’ candle pattern is discovered. The candles form ‘Shooting Star’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

112.086 – 111.291 – 111.469 – 109.677 – 110.258 – 108.8 —
110.94300 – 111.10600 —
33.978878495856 – 49.795515427256 —
– —
112.086 – 1772506800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Shooting Star – – – – – – – – –