AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline downwards

A bearish trend downwards to the next support at 0.98751 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.99046 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The chart forms ‘Bearish Belt Hold’. 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 success rate of a ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

0.99046 – 0.98923 – 0.98973 – 0.98751 – 0.98323 – 0.982 —
0.98932 – 0.98948 —
54.336126131491 – 54.494133435026 —
– —
0.99046 – 1781546400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –