USD/CAD – 30M – SELL

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

A descent downwards to the next support level at 1.35762 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 1.36337 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.36337 – 1.36044 – 1.36048 – 1.35762 – 1.3578 – 1.35545 —
1.36309 – 1.36384 —
77.883771350048 – 77.575682821495 —
– —
1.36337 – 1773338400

Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low – – – – – – – – –