AUD/USD – 30M – SELL

The combination Australian Dollar/US Dollar (AUD/USD) goes from the ascending trendline down.

The bearish trend downwards to the next support line at 0.69766 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Tweezers Top’ candle pattern is existing. The chart shows ‘Tweezers Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.70193 – 0.70221 – 0.69281 – 0.69766 – 0.69797 – 0.6901 —
0.70356 – 0.70913 —
54.323354710094 – 76.19408779532 —
– —
0.70193 – 1769590800

Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – – – – – – – – –