USD/CAD – 30M – SELL

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

A continuation of the downward movement down to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.39665 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.39665 – 1.39355 – 1.3945 – 1.39239 – 1.39161 – 1.38456 —
1.39394 – 1.39158 —
47.872274603954 – 35.379319131117 —
– —
1.39665 – 1774978200

Trading Signals: FOREX – USD – USD/CAD – CAD – Two Crows – – – – – – – – –