AUD/JPY – 4H – SELL

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

A descending movement down to the next support at 109.526 will persist.

Caution: A possible counter-trend in the direction of the resistance level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

112.086 – 111.469 – 110.067 – 109.526 – 109.677 – 108.8 —
113.58800 – 113.34000 —
71.510686855365 – 56.543338807537 —
– —
112.086 – 1772496000

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Black Crows – – – – – – – – –