EUR/CAD – 30M – SELL

The pair Euro/Canadian Dollar (EUR/CAD) jumps from the bullish trendline down.

A bearish descent downwards to the next support at 1.628 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.63176 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI Bullish Divergence’ indicator signal is found. The indicator is ‘RSI Bullish Divergence’. In der Regel bedeutet das ein negatives signal. Die Paarung wird wahrscheinlich fallen.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.63176 – 1.63154 – 1.6334 – 1.628 – 1.62972 – 1.62522 —
1.62754 – 1.62800 —
37.346191613075 – 40.016608111919 —
– —
1.63176 – 1764176400

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Rising Wedge Chart Pattern – – – – – – – –