AUD/CAD – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.92979 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.93142 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘StochRSI Hidden Bearish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Hidden Bearish Divergence’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘MACD-Hist Hidden Bearish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Hidden Bearish Divergence’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.93142 – 0.93203 – 0.93133 – 0.92979 – 0.9285 – 0.92637 —
0.93142 – 0.93137 —
59.669339345819 – 59.476214910471 —
0.93142 – 1768532400 —
– 1768532400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down – – – – – – – – –