EUR/CAD – 1H – SELL

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘Bullish Engulfing’ candle pattern is detected. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

1.61783 – 1.61468 – 1.61636 – 1.60899 – 1.60978 – 1.61016 —
1.61601 – 1.61590 —
60.78235634752 – 43.660224353312 —
– —
1.61783 – 1770922800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Engulfing – Head and Shoulder chart pattern – – – – – – – –