AUD/CAD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.965905 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.97065 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Bearish Harami Cross’ chart pattern is existing. The chart forms ‘Bearish Harami Cross’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

0.97065 – 0.96981 – 0.96683 – 0.96605 – 0.96403 – 0.96116 —
0.96665 – 0.96804 —
45.007897445039 – 53.238446635609 —
– —
0.97065 – 1771812000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Harami Cross – Rising Wedge Chart Pattern – – – – – – – –