USD/CAD – 1H – SELL

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. 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 is certain. Current target is 1.39283056 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 1.39956 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.39956 – 1.40235 – 1.395 – 1.3953 – 1.38989 – 1.39187 —
1.39901 – 1.39705 —
58.264541274776 – 45.500521802784 —
– —
1.39956 – 1781258400

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