AUD/CAD – 30M – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.97497 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.97422 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

0.9728 – 0.97422 – 0.97497 – 0.97067 – 0.96884 – 0.97233 —
0.97324 – 0.97405 —
58.335838278376 – 59.338324395436 —
– —
0.9728 – 1772146800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bullish Engulfing – Head and Shoulder chart pattern – – – – – – – –