Buy EUR/CAD – 30M – BUY

There is also a ‘Inverse Head and Shoulder chart pattern’ chart pattern is found. The formation shows ‘Inverse Head and Shoulder chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.

There is also a ‘Three Inside Down’ candle pattern is discovered. The chart forms ‘Three Inside Down’. 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 ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 1.62247
Current Price 1.61957
Next Low 1.61154
2nd Low 1.60796
3rd Low 1.60647

1.62247 – 1.61528 – 1.61838 – 1.61154 – 1.61242 – 1.61342 — 59.645882127544 – 55.09988666763 — 3.946907087403 – 3.946907087403 – 6.317710283201 – 5.4417186098583

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