AUD/USD – 30M – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. 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).

0.71237 – 0.71361 – 0.71162 – 0.70665 – 0.71135 – 0.70727 —
0.70992 – 0.71037 —
46.355224640783 – 49.045197519386 —
– —
0.71237 – 1772118000

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