EUR/AUD – 30M – SELL

Besides a ‘StochOSC Bearish Divergence’ indicator layout is existing. The indicator shows ‘StochOSC Bearish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar wird voraussichtlich nach oben gehen.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.64872942 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 1.6593 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

1.65199 – 1.6593 – 1.66273 – 1.64523 – 1.64241 – 1.64251 —
1.65608 – 1.65927 —
67.523879019431 – 66.583173374218 —
– —
1.65199 – 1772706600

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –