EUR/CAD – 1H – SELL

The pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline downwards

A bearish movement down to the next support line at 1.60746 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.62477 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘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%.

1.61995 – 1.61121 – 1.6138 – 1.60746 – 1.60684 – 1.60847 —
1.62219 – 1.62242 —
67.809480204272 – 56.734161542201 —
– —
1.61995 – 1781265600

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –