AUD/USD – 4H – SELL

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.69438 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.71361 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Matching Low’ chart pattern is discovered. The candles show ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.71361 – 0.71116 – 0.71467 – 0.69438 – 0.70261 – 0.70149 —
0.70444 – 0.70580 —
44.748286101428 – 43.139118057602 —
– —
0.71361 – 1772064000

Trading Signals: FOREX – AUD – AUD/USD – USD – Matching Low – Symmetrical Triangle Chart Pattern – – – – – – – –