Sell EUR/AUD – 1H – SELL

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.65873 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 1.67501 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.6802
2nd High 1.67541
Next High 1.67501
Current Price 1.66054
Next Low 1.65873
2nd Low
3rd Low

1.67501 – 1.67292 – 1.67258 – 1.65873 – 1.66544 – 1.66554 —
1.66066 – 1.66465 —
24.669900969653 – 42.706897816924 —
1.65873 – 1771999200 —
1.67501 – 1771948800

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