AUD/CAD – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.90915 is certain.

Caution: A possible change in the direction of the resistance zone at 0.91141 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.91141 – 0.91139 – 0.90954 – 0.90915 – 0.90948 – 0.90554 —
0.91060 – 0.91055 —
39.971848218192 – 51.288449467919 —
0.90915 – 1763982000 —
0.91141 – 1763978400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –