EUR/AUD – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.67613 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 1.71465 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The 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%.

1.71465 – 1.7108 – 1.70846 – 1.67613 – 1.69449 – 1.69413 —
1.68436 – 1.68838 —
43.374444533178 – 49.072979378952 —
– —
1.71465 – 1770021000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Double top chart pattern – – – – – – – –