Sell AUD/USD – 4H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The currency pair Australian Dollar/US Dollar (AUD/USD) jumps from the ascending trendline downwards

A bearish movement downwards to the next support line at is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.70499 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.70937
Next High 0.70499
Current Price 0.69155
Next Low
2nd Low
3rd Low

0.70499 – 0.70937 – 0.67093 – 0.6908 – 0.66675 – 0.66668 —
0.70355 – 0.69819 —
61.094244144036 – 45.539638848212 —
– —
0.70499 – 1770105600

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