EUR/AUD – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support line at 1.6881 is expected.

Caution: A possible change in the direction of the resistance level at 1.70628 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.70628 – 1.69842 – 1.69447 – 1.6881 – 1.68418 – 1.67963 —
1.70337 – 1.69954 —
56.538388304663 – 49.253220780958 —
– —
1.70628 – 1770343200

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –