AUD/USD – 30M – SELL

Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.7042359 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.70806 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.70806 – 0.70898 – 0.70763 – 0.7063 – 0.70277 – 0.70459 —
0.70606 – 0.70656 —
32.177010798925 – 45.491313880015 —
– —
0.70806 – 1771416000

Trading Signals: FOREX – AUD – AUD/USD – USD – Three Black Crows – Double top chart pattern – – – – – – – –