AUD/CAD – 30M – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline down.

The bearish trend down to the next support at 0.98200 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.98498 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

And also a ‘Matching Low’ candle pattern is discovered. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.98498 – 0.97859 – 0.98488 – 0.98200 – 0.97601 – 0.97458 —
0.98285 – 0.98518 —
49.46638469616 – 61.980169671814 —
0.98200 – 1781258400 —
0.98498 – 1781226000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Matching Low – – – – – – – – –