EUR/CAD – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Euro/Canadian Dollar (EUR/CAD) goes from the bullish trendline down.

The bearish trend downwards to the next support line at 1.61491 is likely expected.

Caution: A possible change in the direction of resistance at 1.6163 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

1.6163 – 1.61642 – 1.61754 – 1.61491 – 1.61379 – 1.61463 —
1.61544 – 1.61675 —
47.536999195876 – 58.6425479328 —
– —
1.6163 – 1771281000

Trading Signals: FOREX – EUR – EUR/CAD – CAD – – Symmetrical Triangle Chart Pattern – – – – – – – –