AUD/CAD – 1H – SELL

Then a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.958565 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.95727 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.95727 – 0.96319 – 0.96372 – 0.95235 – 0.95722 – 0.95481 —
0.95532 – 0.95441 —
46.648899362471 – 43.941165680012 —
– —
0.95727 – 1774594800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –