AUD/CAD – 1H – SELL

And also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.953315 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.96247 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black 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 likelyhood of ‘Three Black Crows’ going down is 82%.

0.96247 – 0.94991 – 0.95896 – 0.95468 – 0.94416 – 0.94428 —
0.95920 – 0.95989 —
60.346039143137 – 51.687008928167 —
– —
0.96247 – 1770109200

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –