EUR/AUD – 4H – SELL

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

A continuation of the bearish trend down to the next support line at 1.74801 will continue.

Caution: A possible change in the direction of the resistance zone at 1.76148 could happen.
Consider stop-loss settings accordingly.

And also a ‘Two Crows’ candle pattern is found. The chart forms ‘Two 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.76148 – 1.76228 – 1.78063 – 1.74801 – 1.76895 – 1.77411 —
1.75214 – 1.74471 —
40.220050822265 – 31.952524465497 —
– —
1.76148 – 1767196800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Two Crows – Double bottom chart pattern – – – – – – – –