AUD/USD – 4H – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.71309832 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.72274 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.72274 – 0.71995 – 0.71856 – 0.71012 – 0.71107 – 0.71298 —
0.72153 – 0.71710 —
59.715721730651 – 44.172211049856 —
– —
0.72274 – 1777651200

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