AUD/JPY – 30M – SELL

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

A continuation of the downward movement down to the next support level at is considered certain.

Caution: A possible change in the direction of the resistance level at 111.992 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover 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 signal. The pair is likely to go down.

Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

111.992 – 111.667 – 111.858 – 111.237 – 111.464 – 111.371 —
111.72400 – 111.63200 —
60.874007302646 – 51.711588176114 —
– —
111.992 – 1782414000

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