AUD/CAD – 30M – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator signal 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 bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.95083 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 0.95704 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Outside Down’ candlestick pattern is found. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.95704 – 0.95727 – 0.96116 – 0.95083 – 0.95328 – 0.95235 —
0.95314 – 0.95483 —
44.392323560823 – 58.135136363169 —
– —
0.95704 – 1774636200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down – – – – – – – – –