AUD/CAD – 4H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bullish trendline downwards

A descending movement downwards to the next support level at 0.98402 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.99312 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative 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 ‘Three Black Crows’ going down is 82%.

0.99312 – 0.99116 – 0.9957 – 0.98402 – 0.97454 – 0.98733 —
0.99455 – 0.99372 —
65.643991592104 – 53.48529061428 —
– —
0.99312 – 1780070400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –