EUR/AUD – 1H – SELL

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.6354068 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 1.64628 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.64628 – 1.65168 – 1.65016 – 1.6414 – 1.64435 – 1.63371 —
1.64223 – 1.64114 —
40.689816097086 – 44.143379845463 —
– —
1.64628 – 1781258400

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