USD/CAD – 30M – SELL

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1.36598032 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 1.36991 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

1.36991 – 1.37142 – 1.37139 – 1.36628 – 1.366 – 1.36638 —
1.36709 – 1.36781 —
35.790337432227 – 50.152391590237 —
– —
1.36991 – 1777050000

Trading Signals: FOREX – USD – USD/CAD – CAD – Three Outside Down – – – – – – – – –