USD/CAD – 30M – SELL

Moreover a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

Moreover a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

1.36856 – 1.37022 – 1.36745 – 1.3651 – 1.36246 – 1.34929 —
1.36732 – 1.36508 —
50.04154796574 – 40.951989115975 —
– —
1.36856 – 1770121800

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Engulfing – Double top chart pattern – – – – – – – –