AUD/CAD – 30M – SELL

The combination Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline down.

A continuation of the downward movement down to the next support level at 0.99004 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.99372 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Down’ candlestick pattern is existing. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.99372 – 0.99388 – 0.99507 – 0.99004 – 0.99094 – 0.99137 —
0.99153 – 0.99074 —
41.083126131221 – 39.341089102517 —
– —
0.99372 – 1780491600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Outside Down – – – – – – – – –