EUR/CAD – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.60434 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 1.60924 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Stick Sandwich’ candlestick pattern is detected. The candles form ‘Stick Sandwich’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Stick Sandwich’ going up is 62% (Bull Market) & 63% (Bear Market).

1.60924 – 1.61027 – 1.60817 – 1.60434 – 1.60464 – 1.60542 —
1.60730 – 1.60531 —
50.252831163361 – 35.768024257869 —
– —
1.60924 – 1775496600

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Stick Sandwich – – – – – – – – –