EUR/CAD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.61543 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 1.61722 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Harami’ candlestick chart pattern is discovered. The chart shows ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

1.61722 – 1.61675 – 1.6163 – 1.61364 – 1.61491 – 1.61379 —
1.61657 – 1.61645 —
54.816479774183 – 55.457543419418 —
– —
1.61722 – 1771345800

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Harami – – – – – – – – –