EUR/AUD – 30M – SELL

Furthermore a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.74001 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 1.74449 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency 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%.

1.74449 – 1.73945 – 1.74378 – 1.73553 – 1.73597 – 1.73705 —
1.74317 – 1.74269 —
56.642723092264 – 54.079861167808 —
– —
1.74449 – 1768323600

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