EUR/AUD – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.6660322 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.68052 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles form ‘Bearish Harami’. 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 success rate of a ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

1.68052 – 1.63499 – 1.6595 – 1.61997 – 1.61282 – 1.64241 —
1.67895 – 1.67364 —
66.858747401454 – 55.875743523064 —
– —
1.68052 – 1774828800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Bearish Harami – Rising Wedge Chart Pattern – – – – – – – –