EUR/AUD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 1.63424 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 1.6398 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black 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 probability of ‘Three Black Crows’ heading down is 82%.

1.6398 – 1.64182 – 1.64074 – 1.63459 – 1.63424 – 1.6382 —
1.63968 – 1.63616 —
50.963057740326 – 30.545305641039 —
– —
1.6398 – 1777249800

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –