EUR/AUD – 30M – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) jumps from the bearish trendline downwards

A continuation of the downward movement downwards to the next support line at 1.61282 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.63166 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

1.63166 – 1.64582 – 1.65157 – 1.61282 – 1.62683 – 1.64116 —
1.61769 – 1.61923 —
40.852544530198 – 45.057838444105 —
– —
1.63166 – 1773183600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –