EUR/AUD – 4H – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Euro/Australian Dollar (EUR/AUD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at is expected.

Caution: A possible change in the direction of the resistance line at 1.79358 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

1.79358 – 1.78984 – 1.77857 – 1.77411 – 1.76297 – 1.76722 —
1.78412 – 1.78859 —
47.786876271137 – 48.360177473523 —
– —
1.79358 – 1763438400

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –