AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the ascending trendline down.

A descent downwards to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.91176 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘%K fall below 80’ indicator layout is found. The indicator is ‘%K fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.91176 – 0.90948 – 0.9125 – 0.90969 – 0.90699 – 0.90661 —
0.91096 – 0.91174 —
54.032828895919 – 48.152834027117 —
– —
0.91176 – 1763622000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – –