USD/CAD – 30M – SELL

Also there is a ‘Head and Shoulder chart pattern’ chart layout is found. The formation shows ‘Head and Shoulder chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The currency pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 1.36378 will persist.

Caution: A possible change in the direction of the resistance level at 1.36587 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.36587 – 1.36671 – 1.36183 – 1.36378 – 1.35907 – 1.35997

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Head and Shoulder chart pattern