EUR/CAD – 30M – SELL

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.60434 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 1.60924 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.60924 – 1.61027 – 1.60817 – 1.6045 – 1.60434 – 1.60464 —
1.60571 – 1.60571 —
43.536308823139 – 45.04534894044 —
– —
1.60924 – 1775496600

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Matching Low – – – – – – – – –