USD/CAD – 30M – SELL

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

Also there is a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1.39901 – 1.39956 – 1.40235 – 1.39502 – 1.39546 – 1.3953 —
1.39724 – 1.39733 —
50.964865959679 – 51.957041074415 —
– —
1.39901 – 1781307000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down – – – – – – – – –