AUD/CAD – 30M – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline downwards

The bearish trend down to the next support at 0.95468 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.96247 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.96247 – 0.95239 – 0.9492 – 0.95468 – 0.94939 – 0.9445 —
0.95733 – 0.95817 —
47.224675960395 – 55.958067189008 —
– —
0.96247 – 1770111000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – – – – – – – – –