AUD/CAD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.9587 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.96542 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish Harami’ candlestick pattern is existing. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.96542 – 0.96256 – 0.96268 – 0.95894 – 0.95516 – 0.95222 —
0.96496 – 0.96272 —
65.439359195507 – 47.651472404535 —
– —
0.96542 – 1775476800

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