AUD/USD – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The combination Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at is considered certain.

Caution: A possible change in the direction of the resistance line at 0.65179 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.65179 – 0.6537 – 0.6551 – 0.64507 – 0.6476 – 0.64645 —
0.64820 – 0.65023 —
45.594410941106 – 59.629870958773 —
– —
0.65179 – 1763499600

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