USD/CAD – 1H – SELL

Furthermore a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

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 1.39896 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.4062 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.4062 – 1.40213 – 1.40408 – 1.40138 – 1.39896 – 1.40015 —
1.40511 – 1.40188 —
49.432430447741 – 32.306062996015 —
– —
1.40620 – 1763445600

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – – – – –