AUD/CAD – 30M – SELL

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 0.9797 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.9797 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Advance Block’ candlestick pattern is discovered. The candles show ‘Advance Block’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).

0.97873 – 0.9773 – 0.9797 – 0.97453 – 0.9755 – 0.97553 —
0.97724 – 0.97964 —
52.014990546177 – 67.212978080242 —
– —
0.97873 – 1777041000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Advance Block – – – – – – – – –