USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 1.34929 is expected.

Caution: A possible change in the direction of resistance at 1.35577 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Shooting Star’ candle pattern is found. The chart forms ‘Shooting Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

1.35577 – 1.35761 – 1.35679 – 1.35229 – 1.3548 – 1.35524 —
1.35258 – 1.35263 —
37.785555964309 – 39.711893324798 —
– —
1.35577 – 1770764400

Trading Signals: FOREX – USD – USD/CAD – CAD – Shooting Star – – – – – – – – –