USD/CAD – 4H – SELLThere is also a ‘Double top chart pattern’ chart formation is discovered. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40045 |
| 2nd High | 1.39242 |
| Next High | 1.38145 |
| Current Price | 1.38060 |
| Next Low | 1.37827 |
| 2nd Low | 1.35561 |
| 3rd Low | 1.35395 |
1.38145 – 1.39242 – 1.3759 – 1.38141 – 1.37827 – 1.35561 — 53.627003495741 – 50.139585952804 — 56.431212298112 – 33.43841214244 – 64.262826749692 – 52.064604008562
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – Double top chart pattern – –