AUD/CAD – 4H – SELL

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Advance Block’ candlestick chart pattern is existing. The candles show ‘Advance Block’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).

0.97611 – 0.97594 – 0.97497 – 0.95083 – 0.9503 – 0.95809 —
0.95492 – 0.96005 —
42.126781544957 – 54.249247587091 —
– —
0.97611 – 1773820800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Advance Block – Rising Wedge Chart Pattern – – – – – – – –