EUR/CAD – 30M – SELL

The combination Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline down.

A bearish movement downwards to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 1.61823 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

There is also a ” indicator signal is discovered. The indicator is ”. which could be a negative signal. The pair is likely to go down.

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There is also a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.

There is also a ‘Tweezers Top’ candle chart pattern is existing. The chart forms ‘Tweezers Top’. 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.61823 – 1.6174 – 1.61853 – 1.61184 – 1.61139 – 1.61126 —
1.61374 – 1.61508 —
55.496270240051 – 73.929790773826 —
– —
1.61823 – 1768476600

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top – Double bottom retreat down – – – – – – – –