AUD/USD – 30M – BUY

Then a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.650635 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.65294 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.65294 – 0.65268 – 0.65336 – 0.64895 – 0.65056 – 0.64791

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