USD/CAD – 30M – BUY

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.40037478 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 1.39901 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The chart shows ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.39901 – 1.39956 – 1.40235 – 1.39502 – 1.39546 – 1.3953 —
1.39789 – 1.39922 —
57.098187764802 – 49.769891015733 —
– —
1.39901 – 1781307000

Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –