USD/CAD – 1H – SELL

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

A bearish descent downwards to the next support line at 1.36521 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.36996 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

There is also a ‘Two Crows’ chart pattern is found. The candles form ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.36996 – 1.36856 – 1.37022 – 1.36521 – 1.36283 – 1.34929 —
1.36936 – 1.37139 —
48.775684253214 – 63.7394028126 —
– —
1.36996 – 1770292800

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