AUD/USD – 30M – SELL

The pair Australian Dollar/US Dollar (AUD/USD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.70196 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.70701 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.70701 – 0.70778 – 0.70618 – 0.70339 – 0.70341 – 0.70196 —
0.70612 – 0.70458 —
58.963375818693 – 30.445723549175 —
– —
0.70701 – 1780995600

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