AUD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support at 112.03 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 113.16 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

113.16 – 113.437 – 113.338 – 112.9 – 113.118 – 112.882 —
112.71600 – 112.42700 —
29.377485690685 – 18.585481410126 —
– —
113.16 – 1782176400

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