USD/CAD – 30M – SELL

The combination US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline down.

A continuation of the bearish trend down to the next support level at 1.35551 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 1.36063 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.36063 – 1.36742 – 1.36723 – 1.36443 – 1.36531 – 1.36151 —
1.36037 – 1.35607 —
45.777343215228 – 30.474986385093 —
– —
1.36063 – 1773018000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – – – – – – – – –