EUR/AUD – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.61839 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 1.62548 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ candle chart pattern is detected. The chart forms ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

1.62548 – 1.63721 – 1.63348 – 1.6218 – 1.61839 – 1.62691 —
1.62372 – 1.62345 —
52.681385593959 – 44.939291703318 —
– —
1.62548 – 1778095800

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