AUD/USD – 30M – SELL

The combination Australian Dollar/US Dollar (AUD/USD) moves from the bearish trendline down.

A continuation of the downtrend down to the next support line at 0.70431 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.70969 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.70969 – 0.71443 – 0.71467 – 0.70431 – 0.70753 – 0.71046 —
0.70578 – 0.70695 —
27.637844291794 – 37.623238171572 —
0.70431 – 1770973200 —
0.70969 – 1770953400

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