AUD/CAD – 30M – SELL

The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the ascending trendline downwards

A bearish trend down to the next support line at 0.98015 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.99316 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.98375 – 0.98043 – 0.98153 – 0.98015 – 0.97815 – 0.97854 —
0.98419 – 0.98516 —
62.356724348192 – 64.049359030356 —
– —
0.98375 – 1783017000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –