AUD/USD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.71892 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.72772 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Stick Sandwich’ candle chart pattern is discovered. The candles form ‘Stick Sandwich’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Stick Sandwich’ going up is 62% (Bull Market) & 63% (Bear Market).

0.72772 – 0.72274 – 0.72048 – 0.71353 – 0.7183 – 0.71012 —
0.72406 – 0.72380 —
56.489122924074 – 55.869326141369 —
– —
0.72772 – 1778072400

Trading Signals: FOREX – AUD – AUD/USD – USD – Stick Sandwich – – – – – – – – –