AUD/USD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.70645884 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.7088 could occur.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Top’ candlestick chart pattern is found. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.7088 – 0.70548 – 0.70116 – 0.70207 – 0.69786 – 0.6987 —
0.70821 – 0.70759 —
61.616546800511 – 60.273465481646 —
– —
0.7088 – 1781485200

Trading Signals: FOREX – AUD – AUD/USD – USD – Tweezers Top – – – – – – – – –