AUD/USD – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.71162 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.71162 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.71162 – 0.70733 – 0.71116 – 0.70261 – 0.7048 – 0.70149 —
0.71162 – 0.70989 —
67.231545100915 – 57.230342298754 —
0.71162 – 1772010000 —
– 1772010000

Trading Signals: FOREX – AUD – AUD/USD – USD – Three White Soldiers – – – – – – – – –