USD/CAD – 30M – SELLThe combination US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline downwards
A bearish movement down to the next support at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 1.35777 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36146 |
| 2nd High | 1.36076 |
| Next High | 1.35777 |
| Current Price | 1.35362 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35777 – 1.36076 – 1.36146 – 1.35091 – 1.35354 – 1.35586 —
1.34933 – 1.35252 —
38.900515271836 – 54.515041205484 —
– —
1.35777 – 1769707800
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –