USD/CAD – 4H – SELL

Then a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The pair US Dollar/Canadian Dollar (USD/CAD) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 1.36342 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.37284 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.37284 – 1.38613 – 1.40045 – 1.36342 – 1.36741 – 1.36859

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