EUR/CAD – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish trend down to the next support line at 1.61139 will persist.

Caution: A possible trend reversal in the direction of resistance at 1.61567 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

1.61567 – 1.61458 – 1.62013 – 1.61139 – 1.6111 – 1.60742 —
1.61388 – 1.61199 —
42.427066049496 – 41.982876556724 —
– —
1.61567 – 1770116400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –