EUR/AUD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.64241 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.65542 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bearish Harami’ candle chart pattern is discovered. The candles form ‘Bearish Harami’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

1.65542 – 1.65688 – 1.6595 – 1.64793 – 1.64241 – 1.6425 —
1.65059 – 1.64609 —
38.141619502741 – 31.739845927013 —
– —
1.65542 – 1773025200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Harami – – – – – – – – –