EUR/CAD – 30M – SELLThen a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62714 |
| 2nd High | 1.62146 |
| Next High | 1.62103 |
| Current Price | 1.61581 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.62103 – 1.61666 – 1.61535 – 1.61460 – 1.61479 – 1.61185 —
1.61544 – 1.61638 —
30.080660960768 – 48.364417442433 —
1.61460 – 1767911400 —
1.62103 – 1767873600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Three Outside Down – – – – – – – – –