EUR/CAD – 30M – BUY

The combination Euro/Canadian Dollar (EUR/CAD) breaks through the descending trendline up.

An ascent up to the next resistance line at 1.59274 is certain.

Caution: A possible counter-trend in the direction of support at 1.59029 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Bearish Harami Cross’ chart pattern is detected. The candles show ‘Bearish Harami Cross’. 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 chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

1.59274 – 1.59535 – 1.59512 – 1.59029 – 1.5922 – 1.5919 —
1.59187 – 1.59212 —
44.944510174062 – 45.533397437272 —
– —
1.59274 – 1777948200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Harami Cross – – – – – – – – –