USD/CAD – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at will continue.

Caution: A possible counter-trend in the direction of resistance at 1.3949 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

1.3949 – 1.3933 – 1.39665 – 1.38689 – 1.36696 – 1.36993 —
1.39386 – 1.39257 —
53.114849832925 – 38.425366585801 —
– —
1.3949 – 1775235600

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