EUR/CAD – 1H – SELL

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Tweezers Top’ chart pattern is detected. The chart shows ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

1.62019 – 1.61615 – 1.61556 – 1.61016 – 1.61113 – 1.61167 —
1.61458 – 1.61581 —
42.379257403961 – 52.319411133099 —
– —
1.62019 – 1770652800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Tweezers Top – Double top chart pattern – – – – – – – –