EUR/AUD – 1H – SELL

The currency pair Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support at 1.73885 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 1.74741 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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

1.74741 – 1.75785 – 1.76148 – 1.74271 – 1.74898 – 1.75269 —
1.74420 – 1.74239 —
28.315561612585 – 30.456449111608 —
– —
1.74741 – 1767668400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Double bottom chart pattern – – – – – – – –