USD/CAD – 1H – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A bearish movement down to the next support level at is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 1.39295 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

1.39295 – 1.3949 – 1.3933 – 1.3902 – 1.38689 – 1.36696 —
1.39263 – 1.39210 —
51.650120008787 – 42.300784551161 —
– —
1.39295 – 1775538000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –