USD/CAD – 30M – SELL

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

A continuation of the downtrend down to the next support line at 1.35719 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 1.35877 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Tweezers Top’ candle chart pattern is found. The candles show ‘Tweezers Top’. which 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 ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.35877 – 1.36761 – 1.36887 – 1.35719 – 1.36668 – 1.36671 —
1.35877 – 1.35795 —
41.949046542839 – 40.408230515895 —
1.35877 – 1777624200 —
– 1777624200

Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Top – – – – – – – – –