USD/CAD – 30M – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.35930 – 1.35877 – 1.36761 – 1.35499 – 1.35719 – 1.36668 —
1.35930 – 1.35846 —
59.876834504711 – 52.707439658306 —
1.35930 – 1777669200 —
– 1777669200

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