AUD/USD – 4H – SELL

The pair Australian Dollar/US Dollar (AUD/USD) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at 0.71107 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.71856 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.71856 – 0.72215 – 0.70944 – 0.71107 – 0.71298 – 0.71143 —
0.71546 – 0.71944 —
52.05305439007 – 64.256906795191 —
– —
0.71856 – 1776787200

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – Symmetrical Triangle Chart Pattern – – – – – – – –