USD/CAD – 1H – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The candles form ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.37243 – 1.36996 – 1.36856 – 1.36521 – 1.36283 – 1.34929 —
1.37140 – 1.36915 —
59.329742039559 – 45.531611365578 —
– —
1.37243 – 1770343200

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – Double bottom retreat down – – – – – – – –