AUD/USD – 30M – SELLThe currency pair Australian Dollar/US Dollar (AUD/USD) goes from the bullish trendline down.
The bearish trend downwards to the next support level at 0.65805 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.66193 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Besides a ‘Three Black Crows’ chart pattern is detected. The candles form ‘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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.66193 |
| Current Price | 0.66103 |
| Next Low | 0.65805 |
| 2nd Low | 0.65234 |
| 3rd Low | 0.65053 |
0.66193 – 0.65983 – 0.65883 – 0.65805 – 0.65234 – 0.65053 — 48.375801743964 – 44.69828882165 — 46.060205094277 – 22.593450215018 – 53.082283563002 – 42.980850516411
Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – Double bottom chart pattern – –