AUD/USD – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.70277 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.70798 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. 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 Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.70798 – 0.70806 – 0.70898 – 0.70345 – 0.7063 – 0.70277 —
0.70627 – 0.70540 —
42.894053327954 – 47.213695568753 —
– —
0.70798 – 1771495200

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Outside Down – – – – – – – – –