USD/CAD – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The combination US Dollar/Canadian Dollar (USD/CAD) moves from the bullish trendline down.

A descending movement down to the next support at 1.36573 will persist.

Caution: A possible change in the direction of resistance at 1.36928 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Furthermore a ‘Tweezers Top’ candlestick pattern is discovered. The candles form ‘Tweezers Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

1.36928 – 1.36838 – 1.36504 – 1.36573 – 1.36283 – 1.36321 —
1.36874 – 1.36881 —
52.079975376396 – 51.539631785436 —
– —
1.36928 – 1770265800

Trading Signals: FOREX – USD – USD/CAD – CAD – Tweezers Top – Rising Wedge Chart Pattern – – – – – – – –