AUD/CAD – 4H – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The combination Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the ascending trendline down.
A descent down to the next support line at 0.95809 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.97611 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘StochOSC Hidden Bearish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bullisches chart signal. Das Paar tendiert eventuell nach oben.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.97611 |
| Current Price | 0.97236 |
| Next Low | 0.95809 |
| 2nd Low | 0.94618 |
| 3rd Low | 0.94416 |
0.97611 – 0.97594 – 0.97497 – 0.95809 – 0.94618 – 0.95446 —
0.97079 – 0.97457 —
53.144349188001 – 58.796611663599 —
– —
0.97611 – 1773820800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – Rising Wedge Chart Pattern – – – – – – – –