EUR/CAD – 30M – SELL

The pair Euro/Canadian Dollar (EUR/CAD) moves from the bullish trendline down.

The bearish trend down to the next support line at is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.63174 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.63174 – 1.62815 – 1.62873 – 1.62674 – 1.62507 – 1.62457 —
1.63174 – 1.62803 —
73.099535697631 – 32.626851056758 —
1.63174 – 1764855000 —
– 1764855000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double bottom chart pattern – – – – – – – –