EUR/CAD – 1H – SELL

Furthermore a ‘Double bottom retreat down’ chart pattern is detected. The chart forms ‘Double bottom retreat down’. which is a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘%K cross below 0.8’ indicator signal is existing. The indicator shows ‘%K cross below 0.8’. this is usually a bearish signal. The pair is likely to go down.

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

1.61308 – 1.61294 – 1.61242 – 1.60627 – 1.60717 – 1.60602 —
1.61367 – 1.61492 —
62.830994660589 – 60.181414408969 —
– —
1.61308 – 1767376800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Double bottom retreat down – – – – – – – –