EUR/CAD – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.62623 – 1.61653 – 1.6168 – 1.62002 – 1.61319 – 1.61323 —
1.62153 – 1.62011 —
52.001613155711 – 38.61269633654 —
– —
1.62623 – 1768923000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double top retreat up – – – – – – – –