AUD/USD – 30M – SELL

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.713695 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.71778 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bearish Harami’ candle chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

0.71778 – 0.7197 – 0.71772 – 0.71518 – 0.71293 – 0.71098 —
0.71635 – 0.71690 —
47.159561555452 – 58.12445363859 —
– —
0.71778 – 1776358800

Trading Signals: FOREX – AUD – AUD/USD – USD – Bearish Harami – – – – – – – – –