AUD/JPY – 4H – SELL

The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the bullish trendline downwards

A bearish descent downwards to the next support level at 113.266 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 114.732 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

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

Additionally a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

114.344 – 114.732 – 114.305 – 113.266 – 112.631 – 113.12 —
114.75800 – 114.61900 —
64.960488870878 – 50.405740062038 —
– —
114.344 – 1779840000

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