EUR/AUD – 1H – SELL

Then a ‘Double top chart pattern’ chart formation is detected. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Euro/Australian Dollar (EUR/AUD) jumps from the ascending trendline downwards

A descent down to the next support at 1.73885 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1.74741 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this 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%.

1.74741 – 1.75785 – 1.76148 – 1.74271 – 1.74898 – 1.75269 —
1.74621 – 1.74446 —
40.742226307588 – 39.676788891153 —
– —
1.74741 – 1767668400

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