AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline down.

A bearish movement down to the next support line at 0.91688 will continue.

Caution: A possible trend reversal in the direction of resistance at 0.9196 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.9196 – 0.91996 – 0.91968 – 0.91688 – 0.91682 – 0.91437 —
0.91991 – 0.92053 —
61.471007284928 – 60.801089435248 —
– —
0.91960 – 1767394800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Double bottom retreat down – – – – – – – –