AUD/USD – 30M – SELL

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.71569 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.71944 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Two Crows’ candle pattern is found. The chart forms ‘Two Crows’. 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.71944 – 0.71995 – 0.71356 – 0.7157 – 0.71271 – 0.71255 —
0.71859 – 0.71802 —
47.368642011457 – 50.201035288799 —
– —
0.71944 – 1777345200

Trading Signals: FOREX – AUD – AUD/USD – USD – Two Crows – Symmetrical Triangle Chart Pattern – – – – – – – –