AUD/CAD – 30M – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.97642 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.98062 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Two Crows’ candle chart pattern is existing. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.98062 – 0.98054 – 0.97992 – 0.97826 – 0.97539 – 0.97285 —
0.97975 – 0.97977 —
54.025613253308 – 53.155578391671 —
– —
0.98062 – 1777856400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – – – – – – – – –