EUR/AUD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.783775 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 1.79344 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency 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%.

1.78418 – 1.79344 – 1.79101 – 1.78143 – 1.78008 – 1.78629 —
1.78576 – 1.79081 —
58.165290490909 – 64.527650709871 —
– —
1.78418 – 1763956800

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