EUR/AUD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 1.64992 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 1.66166 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.66166 – 1.66217 – 1.66898 – 1.65493 – 1.65654 – 1.65455 —
1.65898 – 1.65607 —
44.785583708149 – 25.532424884712 —
– —
1.66166 – 1776160800

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