USD/CAD – 4H – BUYFurthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Bearish SBS White Lines’ chart pattern is discovered. The chart shows ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39284 |
| 2nd High | 1.37525 |
| Next High | 1.3716 |
| Current Price | 1.36867 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3716 – 1.37525 – 1.37122 – 1.35252 – 1.36247 – 1.36482 —
1.37031 – 1.36918 —
70.821391854051 – 56.520381174761 —
– —
1.3716 – 1772726400
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –