AUD/USD – 30M – BUY

Moreover a ‘Head and Shoulder chart pattern’ chart formation is detected. The chart shows ‘Head and Shoulder chart pattern’. which is a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.70901 – 0.70982 – 0.70373 – 0.70641 – 0.70132 – 0.70075 —
0.70768 – 0.70726 —
51.612294197897 – 45.129781352409 —
– —
0.70901 – 1770741000

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Up – Head and Shoulder chart pattern – – – – – – – –