EUR/CAD – 30M – SELL

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Last Engulfing Bottom:’ candle pattern is found. The chart forms ‘Last Engulfing Bottom:’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

1.60924 – 1.61027 – 1.60817 – 1.60434 – 1.60464 – 1.60542 —
1.60674 – 1.60688 —
45.903242710879 – 45.276057616767 —
– —
1.60924 – 1775496600

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Last Engulfing Bottom: – – – – – – – – –