AUD/JPY – 30M – SELL

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) goes from the bullish trendline down.

A descent down to the next support at 114.213 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 114.577 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochRSI Bearish Divergence’. In der Regel bedeutet das ein positives signal. Das Paar wird voraussichtlich nach oben gehen.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

114.577 – 114.181 – 114.146 – 114.213 – 113.877 – 113.942 —
114.45200 – 114.62700 —
57.331484123083 – 66.518321404266 —
– —
114.577 – 1780075800

Trading Signals: FOREX – AUD – AUD/JPY – JPY – Three Outside Down – – – – – – – – –