AUD/CAD – 1H – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.95664 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.96571 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Three Line Strike – Bearish’ candle pattern is existing. The chart shows ‘Three Line Strike – Bearish’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

0.96571 – 0.96979 – 0.96955 – 0.96317 – 0.96516 – 0.95664 —
0.96469 – 0.96450 —
41.179410723914 – 53.415857386187 —
– —
0.96571 – 1771254000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Line Strike – Bearish – Head and Shoulder chart pattern – – – – – – – –