USD/CAD – 1H – SELL

The currency pair US Dollar/Canadian Dollar (USD/CAD) goes from the bullish trendline downwards

A bearish movement downwards to the next support line at 1.39798 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.42734 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ” indicator layout is existing. The indicator shows ”. which could be a negative chart signal. The currency pair is likely to fall.

!

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

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

1.41464 – 1.41226 – 1.40181 – 1.39798 – 1.39502 – 1.3953 —
1.41471 – 1.41828 —
53.398843386956 – 70.852056723591 —
– —
1.41464 – 1781805600

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