AUD/CAD – 4H – SELL

The AUD/CAD 4H chart has fired a cluster of bearish signals, including a Trendline Break Down, a Double Top, a Triple Top, and a Fibonacci Break Down, all pointing to sustained downside pressure. The confluence of these patterns on the 4H timeframe, combined with a BOP Zero Cross Down and a STOCHF KD Cross Down, suggests that selling momentum is building. However, the higher timeframe trend is mixed: the 4H and lower timeframes are still bullish, while the 12H and 1D are bearish but choppy. This divergence indicates that the bearish signal may be a pullback within a larger bullish structure, but the strength of the pattern cluster increases the likelihood of a deeper correction.

Key levels to watch are immediate resistance at 0.98802 and support at 0.98016. A break below support would confirm the bearish reversal and open the path toward lower targets. Conversely, a reclaim of resistance would invalidate the bearish setup. The MAMA Cross Up is a contrarian signal, suggesting that the longer-term trend might still have bullish momentum, which adds an element of caution. Traders should monitor price action around these levels and the behavior of the 4H trend score, which is currently bullish but forming, to gauge whether the bearish signals will gain traction.