EUR/AUD – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.63973 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.64625 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.64625 – 1.64801 – 1.64719 – 1.64312 – 1.63973 – 1.64416 —
1.64316 – 1.64286 —
31.925378144714 – 33.767206165507 —
– —
1.64625 – 1783998000

Trading Signals: FOREX – EUR – EUR/AUD – AUD – Three Black Crows – – – – – – – – –