AUD/CAD – 30M – SELL

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

A descent downwards to the next support line at 0.91539 is expected.

Caution: A possible change in the direction of the resistance zone at 0.91721 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.91721 – 0.91585 – 0.91618 – 0.91539 – 0.91451 – 0.9137 —
0.91652 – 0.91621 —
51.470939210841 – 49.446547884304 —
– —
0.91721 – 1764226800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – Rising Wedge Chart Pattern – – – – – – – –