AUD/CAD – 30M – SELL

Additionally a ‘Head and Shoulder chart pattern’ chart layout is found. The chart shows ‘Head and Shoulder chart pattern’. which is a bearish signal. The pair is likely to go down.

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the descending trendline down.

A continuation of the bearish trend down to the next support at 0.92979 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.93142 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.93142 – 0.93203 – 0.93133 – 0.92979 – 0.9285 – 0.92637 —
0.93147 – 0.93141 —
60.027007164591 – 49.609316730882 —
– —
0.93142 – 1768532400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – Head and Shoulder chart pattern – – – – – – – –