USD/CAD – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline down.

A bearish movement down to the next support at 1.36198 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 1.37104 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.

1.36298 – 1.36191 – 1.37104 – 1.36198 – 1.35777 – 1.36039 —
1.36642 – 1.36602 —
69.04796012903 – 61.683664298045 —
– —
1.36298 – 1777968000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – Rising Wedge Chart Pattern – – – – – – – –