AUD/CAD – 30M – BUY

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.980935 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.98945 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Last Engulfing Top’ chart pattern is found. The candles show ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.98945 – 0.98967 – 0.98713 – 0.98321 – 0.9771 – 0.9722 —
0.98732 – 0.98565 —
39.554012095831 – 31.527867247585 —
– —
0.98945 – 1778176800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Last Engulfing Top – – – – – – – – –