AUD/JPY – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support level at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 113.953 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

113.953 – 113.624 – 111.757 – 111.284 – 110.121 – 110.063 —
112.77600 – 112.65600 —
35.440104985783 – 33.046229533912 —
– —
113.953 – 1773252000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –