EUR/CAD – 30M – SELL

The pair Euro/Canadian Dollar (EUR/CAD) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support level at is considered certain.

Caution: A possible trend reversal in the direction of resistance at 1.59881 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Two Crows’ chart pattern is found. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.59881 – 1.60034 – 1.59781 – 1.5922 – 1.5919 – 1.59158 —
1.59321 – 1.59452 —
43.233122756316 – 54.9796405812 —
– —
1.59881 – 1777654800

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