AUD/CAD – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the ascending trendline down.

The bearish trend downwards to the next support line at 0.95641 will persist.

Caution: A possible change in the direction of the resistance level at 0.96681 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.96681 – 0.97299 – 0.97443 – 0.95641 – 0.95446 – 0.95986 —
0.96487 – 0.96189 —
44.055009282791 – 41.606806585913 —
– —
0.96681 – 1772658000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –