USD/CAD – 30M – SELL

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

In addition a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.39193 – 1.38757 – 1.38765 – 1.38669 – 1.3883 – 1.38645 —
1.38724 – 1.38841 —
29.310348446877 – 44.801342251032 —
1.38669 – 1768213800 —
1.39193 – 1768001400

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down – – – – – – – – –