AUD/USD – 30M – BUY

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.702045 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.70548 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.70548 – 0.70116 – 0.7037 – 0.69786 – 0.6987 – 0.69976 —
0.70329 – 0.70465 —
43.142529581355 – 55.369494579214 —
– —
0.70548 – 1781217000

Trading Signals: FOREX – AUD – AUD/USD – USD – Two Crows – – – – – – – – –