AUD/CAD – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.97454 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.99449 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.99449 – 0.99507 – 0.99312 – 0.97458 – 0.9784 – 0.98402 —
0.98227 – 0.97930 —
33.973045540474 – 32.612338911846 —
– —
0.99449 – 1782100800

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –