EUR/CAD – 30M – BUY

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.62539 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 1.62941 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Southern Doji’ candlestick pattern is detected. The candles form ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.62941 – 1.63176 – 1.63154 – 1.62539 – 1.62692 – 1.628 —
1.62719 – 1.62800 —
43.29830632854 – 51.994830972146 —
– —
1.62941 – 1764214200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Southern Doji – – – – – – – – –