Sell AUD/CAD – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.95446 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.96681 could occur.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 0.97443
2nd High 0.97299
Next High 0.96681
Current Price 0.95636
Next Low 0.95446
2nd Low 0.94644
3rd Low 0.94416

0.96681 – 0.97299 – 0.97443 – 0.95641 – 0.95446 – 0.95986 —
0.96345 – 0.95942 —
41.836142286687 – 34.46199626759 —
– —
0.96681 – 1772658000

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