AUD/CAD – 1H – SELL

The pair Australian Dollar/Canadian Dollar (AUD/CAD) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.97674 will persist.

Caution: A possible change in the direction of resistance at 0.98335 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.98335 – 0.98261 – 0.99449 – 0.97674 – 0.97928 – 0.97969 —
0.97930 – 0.97946 —
45.516958044805 – 48.746876906479 —
– —
0.98335 – 1782399600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –