EUR/AUD – 1H – SELL

The combination Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 1.6449 will continue.

Caution: A possible counter-trend in the direction of resistance at 1.66166 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.66166 – 1.66217 – 1.66898 – 1.65149 – 1.65493 – 1.64992 —
1.64691 – 1.64614 —
24.538186568519 – 28.281153650504 —
– —
1.66166 – 1776160800

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