AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bullish trendline downwards

The bearish trend downwards to the next support at 0.9284 is expected.

Caution: A possible change in the direction of resistance at 0.93445 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.93445 – 0.92696 – 0.9196 – 0.9284 – 0.92418 – 0.92317 —
0.93421 – 0.93174 —
76.960224445586 – 49.683543128524 —
– —
0.93445 – 1767765600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – – – – – – – – –