AUD/CAD – 30M – BUY

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 0.98039 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.98039 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Harami Cross’ candlestick chart pattern is found. The candles show ‘Bearish Harami Cross’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

0.98039 – 0.97873 – 0.9773 – 0.97453 – 0.9755 – 0.97553 —
0.97819 – 0.97845 —
45.72680789911 – 53.349027205319 —
– —
0.98039 – 1777271400

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