USD/CAD – 4H – SELL

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

A continuation of the downward movement down to the next support level at 1.38547 is expected.

Caution: A possible change in the direction of the resistance level at 1.39193 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.39193 – 1.38054 – 1.37977 – 1.38547 – 1.36421 – 1.37301 —
1.38969 – 1.38980 —
54.492250332189 – 48.399129497017 —
– —
1.39193 – 1767988800

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – – – – – – – – –