AUD/CAD – 1H – SELL

Then a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.9587 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.96268 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.96256 – 0.96268 – 0.96657 – 0.95894 – 0.95516 – 0.95222 —
0.96393 – 0.96408 —
63.895706628711 – 59.470173329024 —
– —
0.96256 – 1775228400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – – – – – – – – –