AUD/CAD – 1H – SELL

There is also a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. 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. Target of the current trend is 0.958115 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 0.96979 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black 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 probability of ‘Three Black Crows’ heading down is 82%.

0.96979 – 0.96955 – 0.96376 – 0.96516 – 0.95664 – 0.95753 —
0.96535 – 0.96571 —
56.922028632501 – 57.063377476294 —
– —
0.96979 – 1770919200

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