AUD/CAD – 1H – SELL

The combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline down.

A bearish trend down to the next support level at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.91751 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.91751 – 0.91721 – 0.91618 – 0.91313 – 0.9084 – 0.90906 —
0.91524 – 0.91510 —
48.42493350257 – 49.507985338188 —
– —
0.91751 – 1764306000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double top retreat up – – – – – – – –