EUR/AUD – 4H – SELL

The pair Euro/Australian Dollar (EUR/AUD) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 1.74801 is expected.

Caution: A possible trend reversal in the direction of resistance at 1.76148 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.76148 – 1.76228 – 1.78063 – 1.74801 – 1.76895 – 1.77411 —
1.76130 – 1.75214 —
49.494541501988 – 40.220050710577 —
– —
1.76148 – 1767196800

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