AUD/CAD – 30M – SELL

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 0.99320934 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 0.99432 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Inside Down’ chart pattern is found. The chart shows ‘Three Inside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.99432 – 0.99355 – 0.99272 – 0.99168 – 0.98939 – 0.99063 —
0.99331 – 0.99441 —
43.617073185884 – 62.488479709818 —
0.99168 – 1782088200 —
0.99432 – 1781906400

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Inside Down – – – – – – – – –