AUD/CAD – 30M – BUYThen a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
Then a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.91120 |
| 2nd High | 0.90299 |
| Next High | 0.90279 |
| Current Price | 0.90214 |
| Next Low | 0.89864 |
| 2nd Low | 0.89654 |
| 3rd Low | 0.89509 |
0.90189 – 0.90279 – 0.90299 – 0.89864 – 0.90059 – 0.90123