USD/CAD – 30M – SELL

The pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline downwards

A bearish descent down to the next support line at 1.37 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.38054 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.37475 – 1.37277 – 1.37086 – 1.37 – 1.37042 – 1.3688 —
1.37865 – 1.38121 —
63.17648287326 – 74.908507508722 —
– —
1.37475 – 1767385800

Trading Signals: FOREX – USD – USD/CAD – CAD – Two Crows – – – – – – – – –