EUR/AUD – 4H – SELL

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. 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. Target of the current trend is 1.61744032 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.63327 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.63327 – 1.63816 – 1.62938 – 1.62004 – 1.62044 – 1.62196 —
1.62466 – 1.62582 —
38.648350839883 – 49.187654303292 —
– —
1.63327 – 1779897600

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