AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline downwards

A descent down to the next support at 0.91539 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.91721 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Die Paarung wird wahrscheinlich fallen.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.91721 – 0.91585 – 0.91618 – 0.91539 – 0.91451 – 0.9137 —
0.91610 – 0.91643 —
52.278503699916 – 51.792783779125 —
0.91539 – 1764241200 —
0.91721 – 1764226800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –