USD/CAD – 4H – BUY

Next a ‘Triple top chart pattern’ chart pattern is detected. The chart shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.

Next a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Last Engulfing Top’ candlestick pattern is discovered. The chart shows ‘Last Engulfing Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

1.37590 – 1.37543 – 1.37977 – 1.36173 – 1.36782 – 1.35395 — 48.368102191838 – 47.099308632375

Trading Signals: FOREX – USD – USD/CAD – CAD – Last Engulfing Top – Triple top chart pattern – –