Sell AUD/CAD – 30M – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.980935 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 0.98967 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.98967
Current Price 0.98488
Next Low 0.98321
2nd Low 0.9771
3rd Low 0.9722

0.98967 – 0.98713 – 0.98859 – 0.98321 – 0.9771 – 0.9722 —
0.98942 – 0.98654 —
63.236344459725 – 37.56556200884 —
– —
0.98967 – 1778148000

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