USD/CAD – 30M – SELL

And also a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. which is a negative pattern signal. The pair is likely to go down.

The pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline downwards

The bearish trend downwards to the next support line at 1.36807 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.37025 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Collapsing Doji Star’ candlestick pattern is detected. The candles show ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

1.37025 – 1.37024 – 1.37145 – 1.36807 – 1.36773 – 1.36755 —
1.36938 – 1.37020 —
48.039153926669 – 59.035620590191 —
– —
1.37025 – 1771581600

Trading Signals: FOREX – USD – USD/CAD – CAD – Collapsing Doji Star – Double top chart pattern – – – – – – – –