USD/CAD – 30M – SELLFurthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.39045 |
| 2nd High | 1.38986 |
| Next High | 1.38921 |
| Current Price | 1.38552 |
| Next Low | 1.38495 |
| 2nd Low | 1.38421 |
| 3rd Low | 1.38396 |
1.38921 – 1.38986 – 1.39045 – 1.38495 – 1.38581 – 1.38421
Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down