AUD/USD – 1H – SELL

Additionally a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.71107 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 0.71629 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.71629 – 0.71758 – 0.71856 – 0.71107 – 0.71363 – 0.71459 —
0.71497 – 0.71356 —
40.230377588184 – 41.746595461648 —
– —
0.71629 – 1776963600

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