USD/CAD – 30M – SELL

The combination US Dollar/Canadian Dollar (USD/CAD) goes from the descending trendline downwards

A continuation of the downward movement down to the next support level at 1.38134 will persist.

Caution: A possible change in the direction of resistance at 1.3952 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Collapsing Doji Star’ candle pattern is discovered. The candles form ‘Collapsing Doji Star’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

1.3952 – 1.39604 – 1.3977 – 1.38134 – 1.39251 – 1.39571 —
1.38214 – 1.38238 —
32.631975503083 – 42.959579757759 —
– —
1.39520 – 1764941400

Trading Signals: FOREX – USD – USD/CAD – CAD – Collapsing Doji Star – – – – – – – – –