USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support at 1.3643 will continue.

Caution: A possible trend reversal in the direction of resistance at 1.36811 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

1.36811 – 1.36991 – 1.37142 – 1.36628 – 1.366 – 1.36638 —
1.36651 – 1.36240 —
37.415157851009 – 13.390407508614 —
– —
1.36811 – 1777251600

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Black Crows – – – – – – – – –