USD/CAD – 4H – SELL

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 1.36283 is considered certain.

Caution: A possible change in the direction of resistance at 1.37243 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.37243 – 1.37022 – 1.39284 – 1.36283 – 1.34812 – 1.38547 —
1.37048 – 1.36573 —
56.978393473195 – 45.56546839253 —
– —
1.37243 – 1770336000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –