USD/CAD – 30M – SELL

Also there is a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.379039 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of support at 1.3815 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.3776 – 1.3815 – 1.37475 – 1.37564 – 1.37512 – 1.37448 —
1.37949 – 1.38126 —
64.881589087478 – 76.294758740756 —
– —
1.37760 – 1767666600

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – – – – – – – – –