Sell AUD/CAD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.946735 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 0.9509 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Harami’ candle chart pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.95092
Next High 0.9509
Current Price 0.94852
Next Low 0.94795
2nd Low 0.94691
3rd Low 0.94534

0.9509 – 0.95026 – 0.95092 – 0.94795 – 0.94691 – 0.94534 —
0.95077 – 0.94839 —
60.197791068708 – 43.930647875573 —
– —
0.95090 – 1769522400

Trading Signals:

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